EURUSD

Currently the pair is consolidating within the range of 1.1290 and 1.1250. If bears break below 1.1250 we might see further downside as 1.1225, 1.1200 and 1.1100 is exposed. However, if bulls can retake 1.1300, we will likely see further upside movement retesting 1.1350 with 1.1400 on the horizon.

  EURUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1257 1.1264 1.1270 1.1277 1.1283 1.1290 1.1296
WEEKLY 1.0990 1.1050 1.1165 1.1225 1.1340 1.1400 1.1515
MONTHLY 1.0535 1.0687 1.0963 1.1115 1.1391 1.1543 1.1819
 

GBPUSD

As it stands, the trend line at 1.2860 is giving support, as bear trying to push the pair lower. Should bears manage to close below the 1.2850, we will see further downside as 1.2830 and 1.2800 is exposed. However, if bulls can retake 1.2900, we will likely see further upside movement retesting 1.2925 and 1.2950 resistance level and the break out from the wedge, which might boost it higher.

  GBPUSD​ ​

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2842 1.2851 1.2859 1.2868 1.2876 1.2885 1.2893
WEEKLY 1.2646 1.2708 1.2797 1.2859 1.2948 1.3010 1.3099
MONTHLY 1.2470 1.2620 1.2748 1.2898 1.3026 1.3176 1.3304
 

USDJPY

Bears are dominating as the pair dropped after Us data releases on Friday breaking through 111.50 and 111,00 finding finally a support 110.30. If Bulls manage to close above 110.75 we might see strengthening and movement to upside, with a view to 111.00, 111.25 and 111.50 on the horizon. However, if bears manage close it below 110.30, we might see further downside movement towards to 110.00 and 109.75.

  USDJPY

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 110.20 110.29 110.38 110.47 110.56 110.65 110.74
WEEKLY 108.51 109.42 109.90 110.81 111.29 112.20 112.68
MONTHLY 105.10 107.67 109.23 111.80 113.36 115.93 117.49
 

GOLD

Currently the precious metal is consolidating within the range of 1282 and 1277. Bulls will look to push it higher and test the resistance level of 1282 with the sight to retake the 1290 level. However, if bears manage to break the support of 1277, we might see further downside movement to 1270, 1265 and 1260.

  GOLD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1278.66 1279.96 1281.28 1282.58 1283.90 1285.20 1286.52
WEEKLY 1245.67 1252.56 1265.67 1272.56 1285.67 1292.56 1305.67
MONTHLY 1171.93 1193.41 1230.99 1252.47 1290.05 1311.53 1349.11