USD/JPY

USD/JPY came under some renewed selling pressure on Thursday and eroded a part of the previous session's positive move, back closer to weekly tops. As investors turned bleak on the prospect of a trade-war breakthrough any time soon, concerns over the global economic growth continued benefitting the Japanese Yen's safe-haven status and capped the major. USD/JPY is expected to find support at 105.77 and a fall through could take it to the support level of 105.58. On the other side, resistance stands at 106.40 and a rise through could take it to the level of 106.62.

USDJPY-29-08-2019

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 105.19 105.42 105.76 105.99 106.33 106.56 106.90
1 WEEK 103.39 104.33 104.87 105.81 106.35 107.29 107.83
1 MONTH 105.90 106.56 107.68 108.34 109.47 110.12 111.25
 

EURUSD

USD/JPY came under some renewed selling pressure on Thursday and eroded a part of the previous session's positive move, back closer to weekly tops. As investors turned bleak on the prospect of a trade-war breakthrough any time soon, concerns over the global economic growth continued benefitting the Japanese Yen's safe-haven status and capped the major. USD/JPY is expected to find support at 105.77 and a fall through could take it to the support level of 105.58. On the other side, resistance stands at 106.40 and a rise through could take it to the level of 106.62.

EURUSD-29-08-2019

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.1047 1.1060 1.1072 1.1085 1.1097 1.1110 1.1122
1 WEEK 1.0975 1.1013 1.1078 1.1116 1.1181 1.1219 1.1284
1 MONTH 1.0663 1.0862 1.0967 1.1166 1.1271 1.1470 1.1576
 

GBPUSD

GBP/USD stays on the back foot amid increasing odds of no-deal Brexit after the UK PM got the Queen’s approval to prorogue the Parliaments. The quote declines to 1.2200 while into the London open on Thursday. GBP/USD is expected to find support at 1.2155 and a fall through could take it to the next support level of 1.2128. On the other side, resistance stands at 1.2240, and a rise through could take it to the next resistance level of 1.2266.

GBPUSD-29-08-2019

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.2023 1.2090 1.2154 1.2221 1.2285 1.2352 1.2416
1 WEEK 1.1903 1.1984 1.2132 1.2213 1.2361 1.2442 1.2590
1 MONTH 1.1360 1.1740 1.1947 1.2327 1.2534 1.2914 1.3121
 

GOLD

Gold takes the bids near $1,540 in early Thursday on a heavy risk-tone, trade and political headlines, pleases the Gold buyers. Gold is expected to find support at 1,537.40 and a fall through could take it to the support level of 1,529.80. On the other side, resistance stands at 1,554.90, and a rise through could take it to the level of 1,563.50.

GOLD-29-08-2019

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1526.04 1533.82 1540.89 1548.67 1555.74 1563.52 1570.59
1 WEEK 1474.84 1488.47 1513.04 1526.67 1551.24 1564.87 1589.44
1 MONTH 1310.29 1347.57 1379.79 1417.07 1449.29 1486.57 1518.79