EUR/USD

Currently the pair is consolidating within the range of 1.0950 and 1.0900. If bears break below 1.0900 we might see further downside as 1.0855, 1.0825 and 1.0800 is exposed. However, if bulls can retake 1.0950, we will likely see further upside movement retesting 1.0975 with 1.1000 on the horizon.

EUR/USD
TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.0838 1.0860 1.0880 1.0902 1.0922 1.0944 1.0964
WEEKLY 1.0693 1.0656 1.0826 1.0889 1.0959 1.1022 1.1092
MONTHLY 1.0276 1.0422 1.0660 1.0806 1.1044 1.1190 1.1428
 

GBPUSD

As it stands, we have a retracement, the pair broke the support level of 1,2885 and currently its testing the trend line at 1.2860 Should bears manage to close below the 1.2860, we will see further downside as 1.2830 and 1.2800 is exposed. However, if bulls can retake 1.2865, we will likely see further upside movement retesting 1.2885 resistance level.

GBPUSD
TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2780 1.2829 1.2785 1.2906 1.2934 1.29583 1.3011
WEEKLY 1.2623 1.2696 1.2824 1.2897 1.3025 1.3098 1.3226
MONTHLY 1.1943 1.2152 1.2552 1.2761 1.3161 1.3370 1.3770
 

USDJPY

Bulls are dominating as the pair moved higher breaking through 111.75 and 112,00. If Bulls manage to close above 112.00, we might see further strengthening and movement to upside, with a view to 112.25, 112.50 and 113.00 on the horizon. However, if bears manage to take the control, it could lead to a pullback and test the support levels of 112.00, 111.75 and 111.50.

USDJPY
TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 110.62 110.90 111.37 111.65 112.12 112.40 112.787
WEEKLY 107.95 108.76 110.16 110.97 112.37 113.18 114.58
MONTHLY 105.51 106.81 109.18 110.48 112.85 114.15 116.52
 

GOLD

Currently the precious metal broke the support level of 1266 and trading below the MA 200, finding support at 1253 as the bears took total control. Bulls will look to push it higher and test the resistance level of 1258 with the sight to retake the 1266 level. However, if bears manage to break the support of 1253, we might see further downside movement to 1250, 1245 and 1240.

GOLD
TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1231.296 1243.43 1249.46 1260.93 1266.96 1278.43 1284.46
WEEKLY 1240.04 1250.37 1259.34 1269.67 1278.64 1288.97 1297.94
MONTHLY 1191.34 1218.37 1243.34 1270.37 1295.34 1322.37 1347.34