EURUSD

The pair continues to climb as we see bulls testing the 1.0800 resistance level before bears reentered to soften the impact by attempting to take back some ground. As it stands, key resistance is at 1.0800 and bulls will look to capture this level as a stepping stone to 1.0825, 1.0850 and 1.0875 while bears will look to capture 1.0775 as a trigger for a continued pull back to 1.0750, 1.0725 and 1.0700.

  EURUSD​ ​

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.0581 1.0631 1.0714 1.0764 1.0847 1.0897 1.0980
WEEKLY 1.0475 1.0593 1.0645 1.0710 1.0763 1.0828 1.0946
MONTHLY 0.9760 1.0055 1.0285 1.0580 1.0810 1.1105 1.1335
 

GBPUSD

The pair was aggressively sold off from the 7th of Dec to the 17th of Jan, turning the medium term trend bearish until bulls reentered the market to drive price back up to the 23.6% Fibonacci resistance level. As it stands key resistance is at 1.2600 while key support is at 1.2550. Bulls will look to capture 1.2600 in hopes of making a move on the 1.2775 level, with interim targets at 1.2650 and 1.2700 while bears will look to capture 1.2550 a s stepping stone to 1.2500, 1.2450 and 1.2400.

  GBPUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2272 1.2341 1.2460 1.2529 1.2648 1.2717 1.2836
WEEKLY 1.1922 1.2226 1.2388 1.2531 1.2692 1.2835 1.3139
MONTHLY 1.1519 1.1858 1.2098 1.2437 1.2677 1.3016 1.3256
 

CRUDE OIL (WTI)

Crude oil continues to consolidate between the 52.50 support level and the 53.50 resistance level as no clear direction can be attained. Bulls will look to capture 53.50 in hopes of attracting more buyers as they look to test 54, 54.50 and 55 while bears look to capture 52.50 in hopes of reigniting bearish momentum with targets at 52, 51.50 and 51.

  CRUDE OIL

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 50.86 51.55 52.18 52.87 53.50 54.19 54.82
WEEKLY 50.35 51.28 52.22 53.15 54.09 55.02 55.96
MONTHLY 44.76 46.87 50.29 52.40 55.82 57.93 61.35
 

GOLD

Bears managed to halt the bullish assault at 1215 and have since driven the precious metal back towards the 1205 support level. As it stands bulls will look to capture 1210 as a stepping stone to 1215, 1220 and 1225 while bears will look to capture 1205 as a stepping stone to 1200, 1195 and 1190.

  GOLD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1175.30 1184.40 1196.50 1205.60 1217.70 1226.80 1238.90
WEEKLY 1143.66 1164.63 1177.06 1198.03 1210.46 1231.43 1243.86
MONTHLY 1057.56 1090.73 1120.36 1153.53 1183.16 1216.33 1245.96