USDJPY

The USD/JPY has already resumed recent rise and hit fresh six-month highs above the 113.00 handle, currently trading at 113.03. USD/JPY is expected to find support at 112.61, and a fall through could take it to the support level of 112.47. On the other side resistance stands at 113.33, and a rise through could take it to the next resistance level of 113.62.

USDJPYH-18-07-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 111.65 111.94 112.49 112.78 113.33 113.62 114.17
WEEKLY 108.35 109.33 110.85 111.83 113.35 114.33 115.85
MONTHLY 107.06 107.89 109.29 110.12 111.52 112.35 113.75

EURUSD

After hitting a 4-day high of 1.7442, the EUR/USD pair trimmed its weekly gains and fell to fresh lows, gaining downward traction, but still inside familiar levels. EUR/USD is expected to find support at 1.1614 and a fall through could take it further to the support level of 1.1590. On the other side resistance stands at 1.1669, and a rise through could take it to the next resistance level of 1.1714.

EURUSDH-18-07-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1525 1.1587 1.1620 1.1682 1.1715 1.1777 1.1810
WEEKLY 1.1420 1.1515 1.1600 1.1695 1.1780 1.1875 1.1960
MONTHLY 1.1167 1.1338 1.1511 1.1682 1.1855 1.2026 1.2199

GBPUSD

GBP/USD despite the slight bounce, the bearish momentum remains strong in the Asian session. The main focus for the day is the CPI data releasing at 08:30 GMT. The pair is expected to find support at 1.3052 level and a fall through could take it to the next support level of 1.3037. On the other side resistance stands at 1.3180, and a rise through could take it to the next resistance level of 1.3200.

GBPUSDH-18-07-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2828 1.2949 1.3027 1.3148 1.3226 1.3347 1.3425
WEEKLY 1.2843 1.2973 1.3104 1.3234 1.3365 1.3495 1.3626
MONTHLY 1.2592 1.2821 1.3015 1.3244 1.3438 1.3667 1.3861

GOLD

Gold fell sharply ahead of Powell’s semi-annual testimony yesterday, betting on the Fed raising its key interest rate twice more in 2018, as a result a stronger Dollar and pushing Gold prices to below $1240. Gold is expected to find support at 1,220.50 and a fall through could take it to 1,213.70 level. On the other side first resistance stands at 1,235.30, and a rise through could take it to the next resistance level of 1,242.33.

GOLDH-18-07-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1201.40 1213.70 1220.50 1232.80 1239.60 1251.90 1258.70
WEEKLY 1211.50 1226.20 1232.90 1247.60 1254.30 1269.00 1275.70
MONTHLY 1165.26 1205.03 1228.16 1267.93 1291.06 1330.83 1353.96