GBPUSD

The pair managed to capture the 1.3000 level yesterday and then retraced. As it stands bears will look to capture 1.28500 support level before heading back for a retest of the 1.2900. A sell off could see the bears keeping the pair in the 1.2850 zone.

  GBPUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2822 1.2875 1.2907 1.296 1.2992 1.3045 1.3077
WEEKLY 1.2732 1.2798 1.2917 1.2983 1.3102 1.3168 1.3287
MONTHLY 1.1943 1.2152 1.2552 1.2761 1.3161 1.3370 1.3770
 

EURUSD

The pair found resistance at 1.1260 before bears pushed lower to test just above the 1.1118 support level. As it stands bears will look to capture 1.1200 level zone in hopes of igniting a sell off.

  EURUSD​ ​

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1124 1.1158 1.1184 1.1218 1.1244 1.1278 1.1304
WEEKLY 1.0720 1.0820 1.1014 1.1114 1.1308 1.1408 1.1602
MONTHLY 1.0276 1.0422 1.0660 1.0806 1.1044 1.1190 1.1428
 

USDJPY

The pair is keeping between the 111.270 level and 111.300 level. The bears look to capture the 112.250 support level before heading back for a retest of the 111.75. As it stands, if bears can keep prices below 111.285, we might see a retest lower with 111.250 exposed.

  USDJPY

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 111.06 111.26 111.55 111.75 112.04 112.24 112.53
WEEKLY 106.05 108.13 109.70 111.78 113.35 115.43 117.00
MONTHLY 105.51 106.81 109.18 110.48 112.85 114.15 116.52
 

GOLD

Gold is keeping a steady upward trend after the 1260 level was captured aggressively yesterday with bulls now looking to capture 1265. As it stands, bulls will need to capture 1265 if they wish to attract enough buying to take out the 1265 key level which will expose 1275 and beyond. However, if bears capture 1260, we could see a move south towards 1225.

  GOLD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1247.56 1250.53 1253.46 1256.43 1259.36 1262.33 1265.26
WEEKLY 1193.74 1210.27 1231.94 1248.47 1270.14 1286.67 1308.34
MONTHLY 1193.74 1210.27 1231.94 1248.47 1270.14 1286.67 1308.34