EUR/USD

EURUSD bulls could not breach the 1.1250 resistance level and were beaten down 135 pips to just above 1.1100. Support at this region helped the pair higher as it retested 1.1165, a close above here would see bulls target 1.1200 and last week’s high of 1.1244. However, the most likely scenario, should bears break below 1.1130, is to the downside with targets at 1.1110, 1.1075 and 1.1050.

EUR/USD

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1136 1.1139 1.1143 1.1145 1.1148 1.1151 1.1154
WEEKLY 1.0464 1.0638 1.0898 1.1072 1.1332 1.1506 1.1776
MONTHLY 1.0425 1.0567 1.0702 1.0844 1.0979 1.1121 1.1256
 

GBP/USD

EURUSD bulls could not breach the 1.1250 resistance level and were beaten down 135 pips to just above 1.1100. Support at this region helped the pair higher as it retested 1.1165, a close above here would see bulls target 1.1200 and last week’s high of 1.1244. However, the most likely scenario, should bears break below 1.1130, is to the downside with targets at 1.1110, 1.1075 and 1.1050.

GBP/USD

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.4467 1.4476 1.4492 1.4501 1.4517 1.4526 1.4542
WEEKLY 1.3816 1.4020 1.4262 1.4466 1.4708 1.4912 1.5154
MONTHLY 1.3209 1.3644 1.3945 1.4380 1.4681 1.5116 1.5417
 

AUD/USD

The AUDUSD lost over 150 pips from the pre-NFP peak, finding support at 0.70634 and is currently retesting 0.7130 as bulls look to target 0.7150, 0.7175 and 0.7200. Bears will look to defend 0.7130, which has additional resistance in the form of the 50 and 100 EMAs along with the 61.8% fibo retracement level. Should they be successful, bears will target 0.7100, 0.70634 and 0.7000.

AUD/USD

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 0.7044 0.7056 0.7070 0.7082 0.7096 0.7108 0.7122
WEEKLY 0.6709 0.6854 0.6962 0.7107 0.7215 0.7360 0.7468
MONTHLY 0.6358 0.6591 0.6838 0.7071 0.7318 0.7551 0.7798
 

CRUDE OIL

Crude failed to sustain a break above $33 and has since broken through to the $32 support zone which has been retested and well defended by bulls who are looking to solidify their hold of the $32.5 zone as they look to retake $33 and beyond to the $34 and $35 resistance zones. Should bears manage to close below $32, we will see them target $31, $30 and $29 as price action continues to the lower bands of the current range.

CRUDE OIL

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 30.44 30.63 30.73 30.92 31.03 31.21 31.32
WEEKLY 21.02 26.71 28.80 31.49 33.58 36.27 38.36
MONTHLY 14.89 20.54 27.09 32.71 39.29 44.94 51.49