USDJPY

USD/JPY Having posted a session high level of 109.44, the pair met with some fresh supply and is currently placed at the lower end of its daily trading range. Support stands at 109.20 and a fall through could take it to the next support level of 108.80. On the other side resistance stands at the aimed 109.50, and a rise through could challenge 110.00 resistance level.

USDJPY-30-01-2019

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 108.80 108.97 109.20 109.37 109.60 109.77 110.01
WEEKLY 108.26 108.70 109.12 109.56 109.98 110.42 110.84
MONTHLY 103.83 106.69 108.14 111.00 112.45 115.31 116.76
 

EURUSD

EUR/USD Focus on German CPI and FOMC rate decision. Support stands at 1.1400, and a break below might indicate further downside movement towards the next support level of 1.1370. On the other side resistance stands at 1.1450, and a rise through could take it to the next resistance level of 1.1500

EURUSD-30-01-2019

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1374 1.1393 1.1413 1.1432 1.1453 1.1471 1.1492
WEEKLY 1.1196 1.1242 1.1329 1.1375 1.1462 1.1508 1.1595
MONTHLY 1.1111 1.1189 1.1330 1.1408 1.1549 1.1627 1.1768
 

GBPUSD

GBP/USD recovery appears shallow as UK PM May set to renegotiate with EU. The pair is expected to find support at 1.3040 and a fall through could take it to the next support level of 1.3000. On the other side resistance stands at 1.3170, and a rise through could take it to the next resistance level of 1.3220.

GBPUSD-30-01-2019

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2886 1.2972 1.3027 1.3113 1.3168 1.3254 1.3309
WEEKLY 1.2562 1.2696 1.2950 1.3084 1.3338 1.3472 1.3726
MONTHLY 1.2179 1.2328 1.2543 1.2692 1.2907 1.3056 1.3271
 

GOLD

Gold clocks 8-month highs, nears $1315 ahead of Fed, US-China trade talks. Short term support stands at 1305.00, and a fall through could take it to the next support level of 1295.00. On the other side resistance stands at 1315.00, and a rise through could take it to the next resistance level of 1320.00.

Gold-30-01-2019

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1294.70 1298.20 1303.80 1307.30 1312.90 1316.40 1322.00
WEEKLY 1253.04 1264.17 1281.14 1292.27 1309.24 1320.37 1337.34
MONTHLY 1183.20 1204.90 1243.10 1264.80 1303.00 1324.70 1362.90