EUR/USD

The pair is ranging as it consolidates at the 23.6% fibo with 1.1225 and 1.1250 making up the boundaries of the range. Should bulls capture 1.1250, we would see a test of resistance at 1.1275, 1.1300 and 1.1325 while a close below 1.1225 would see a test of support at 1.1200, 1.1175 and 1.1150.


EUR/USD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
Daily 1.1174 1.1200 1.1219 1.1245 1.1264 1.1290 1.1309
Weekly 1.0967 1.1044 1.1100 1.1177 1.1233 1.1310 1.1366
Monthly 1.0687 1.0865 1.1011 1.1189 1.1335 1.1513 1.1659
 

GBPUSD

Bears have regained some of their losses and have managed to drive price back to the 1.3325 support zone. Currently the pair is consolidating as further direction is sought. Should bulls capture 1.3350, we will see an attempt to retest 1.3375, 1.3400 and 1.3425 while a close below 1.3325 will see bears make a run for 1.3300, which if they capture will lead to more downside with targets at 1.3275, 1.3250.


GBPUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
Daily 1.3164 1.3240 1.3289 1.3365 1.3414 1.3490 1.3539
Weekly 1.2814 1.2935 1.3114 1.3235 1.3414 1.3535 1.3714
Monthly 1.2367 1.2615 1.2876 1.3124 1.3385 1.3633 1.3894
 

AUDUSD

Bulls continue to dominate, driving price above the all-important 0.7700 resistance level. If they manage to hold this level we will see a possible targeting of 0.7725, 0.7750 and 0.7775. however, should bears recapture 0.7700, we would see bears look to target 0.7675, 0.7650 and 0.76255 as they look to turn the short term trend bearish.


AUDUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
Daily 0.7599 0.7624 0.7648 0.7673 0.7697 0.7722 0.7746
Weekly 0.7370 0.7429 0.7500 0.7559 0.7630 0.7689 0.7760
Monthly 0.7146 0.7317 0.7418 0.7589 0.7690 0.7861 0.7962
 

GOLD

Gold found support at 1340 and is currently consolidating between the 1340-1350 ranges with bulls looking to break the 1350 in hopes of reaching 1360, 1370 and 1380. Bears will be on the hunt to recapture 1340 which is likely to open the way for 1330, 1320 and 1310.


GOLD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
Daily 1335.36 1339.63 1341.96 1346.23 1348.56 1352.83 1355.16
Weekly 1281.64 1291.57 1306.84 1316.77 1332.04 1341.97 1357.24
Monthly 1227.10 1266.70 1286.80 1326.40 1346.50 1386.10 1406.20