USDJPY

USD/JPY pair traded with a mild negative bias for the second consecutive session, but still holding above 112.00 handle. Support Stands at 112.00 and a break below might lead to further retracement towards 111.60. On the other side, resistance stands at 112.30, and a rise through could take it to the next resistance level of 113.00.

USDJPY

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 111.90 112.03 112.19 112.32 112.48 112.61 112.77
WEEKLY 109.92 110.39 111.23 111.70 112.54 113.01 113.85
MONTHLY 107.44 108.61 109.82 110.99 112.20 113.37 114.58
 

EURUSD

EUR/USD has stabilized above 1.1600 level testing 1.1700 area. Support stands at 1.1650 and a break below might lead to 1.1600. On the other side, resistance stands at 1.1700, and a rise through could take it to the next resistance level of 1.1751.

 EURUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1580 1.1615 1.1645 1.1680 1.1710 1.1745 1.1775
WEEKLY 1.1332 1.1429 1.1530 1.1627 1.1728 1.1825 1.1926
MONTHLY 1.0919 1.1109 1.1355 1.1545 1.1791 1.1981 1.2227
 

GBPUSD

GBP/USD reached to intraday high at 1.3220 yesterday before closing on a flat note at 1.3145. Support stands at 1.3115 level and a fall through could take it to the next support level of 1.3100. On the other side, resistance stands at 1.3200, and a rise through could take it to the next resistance level of 1.3280.

  GBPUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2982 1.3043 1.3091 1.3152 1.3200 1.3261 1.3309
WEEKLY 1.2682 1.2789 1.2929 1.3036 1.3176 1.3283 1.3423
MONTHLY 1.2217 1.2440 1.2701 1.2924 1.3185 1.3408 1.3669
 

GOLD

Gold prices traded higher, after rising in the previous session, as the dollar weakened amid easing trade concerns between the U.S. and China. Support stands at 1200 and a break below might lead to the weekly lows 1190. On the other side resistance stands 1206 and a break above might indicate upside movement towards 1208.

  GOLD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1195.80 1199.30 1204.00 1207.50 1212.20 1215.70 1220.40
WEEKLY 1174.00 1182.20 1188.60 1196.80 1203.20 1211.40 1217.80
MONTHLY 1104.26 1132.83 1166.56 1195.13 1228.86 1257.43 1291.16