USDJPY

On Friday, the U.S. currency hit a fresh six-month high of 112.77 yen and last traded at 112.58, with Dollar advancing roughly 2% versus Yen peer this week, the biggest weekly gain since mid-September. USD/JPY is expected to find support at 112.16, and a fall through could take it to the support level of 111.90. On the other side resistance stands at 112.91, and a rise through could take it to the next resistance level of 113.64.

USDJPYH-13-07-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 111.45 111.71 112.18 112.44 112.91 113.17 113.64
WEEKLY 109.23 109.75 110.10 110.62 110.97 111.49 111.84
MONTHLY 107.06 107.89 109.29 110.12 111.52 112.35 113.75

EURUSD

The EUR macro calendar is a light one and EUR/USD could see positive action on the last trading day of the week, having defended the key 20-day moving average (MA) support on Thursday. EUR/USD is expected to find support at 1.1647 and a fall through could take it further to the support level of 1.1687. On the other side resistance stands at 1.1736, and a rise through could take it to the next resistance level of 1.1616.

EURUSDH-13-07-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1598 1.1624 1.1644 1.1670 1.1690 1.1716 1.1736
WEEKLY 1.1457 1.1524 1.1635 1.1702 1.1813 1.1880 1.1991
MONTHLY 1.1167 1.1338 1.1511 1.1682 1.1855 1.2026 1.2199

GBPUSD

GBP/USD continues to flub into lower price levels, and is currently trading near 1.3175 after dipping into a new low of 1.3163 in the early overnight session. The pair is expected to find support at 1.3119 level and a fall through could take it to the next support level of 1.3097. On the other side resistance stands at 1.3267, and a rise through could take it to the next resistance level of 1.3326.

GBPUSDH-13-07-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.3079 1.3125 1.3152 1.3198 1.3225 1.3271 1.3298
WEEKLY 1.2957 1.3026 1.3155 1.3224 1.3353 1.3422 1.3551
MONTHLY 1.2592 1.2821 1.3015 1.3244 1.3438 1.3667 1.3861

GOLD

A stronger dollar and higher U.S. rates reduced demand for non-interest bearing gold as the metal becomes more expensive for holders of other currencies. Gold is expected to find support at 1,241.16 and a fall through could take it to 1,237.80 level. On the other side first resistance stands at 1,248.60, and a rise through could take it to the next resistance level of 1,253.15.

GOLDH-13-07-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1234.86 1238.13 1242.16 1245.43 1249.46 1252.73 1256.76
WEEKLY 1218.00 1227.50 1240.90 1250.40 1263.80 1273.30 1286.70
MONTHLY 1165.26 1205.03 1228.16 1267.93 1291.06 1330.83 1353.96