USDJPY

The USD/JPY is reporting gains, having hit a three-week high of 111.49 on today’s session. There was no catalyst behind the advance, beyond renewed dollar’s demand, despite the US Treasury yields hold near weekly lows. USD/JPY is expected to find support at 110.81, and a fall through could take it to the support level of 110.53. On the other side resistance stands at 111.49, and a rise through could take it to the next resistance level of 111.67.

USDJPYH-27-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 109.97 110.26 110.82 111.11 111.67 111.96 112.52
WEEKLY 108.59 109.35 109.92 110.68 111.25 112.01 112.58
MONTHLY 107.50 108.89 110.39 111.78 113.28 114.67 116.17

EURUSD

Euro have halted its gains on the previous sessions as the Fed minutes signaled the interest rates will likely rise in September. However, on today’s session it’s reversing its losses, and currently trading at 1.1573 ahead of Powell speech. EUR/USD is expected to find support at 1.1529 and a fall through could take it further to the support level of 1.1515. On the other side resistance stands at 1.1596, and a rise through could take it to the next resistance level of 1.1623.

EURUSDH-27-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1257 1.1279 1.1311 1.1333 1.1365 1.1387 1.1419
WEEKLY 1.1195 1.1247 1.1343 1.1395 1.1491 1.1543 1.1639
MONTHLY 1.1360 1.1466 1.1578 1.1684 1.1796 1.1902 1.2014

GBPUSD

The GBP/USD pair tested the 1.28 handle, reaching as low as 1.2798 but managed to move upwards to 1.2828 as of now, as we progress towards the European opening bells. The pair is expected to find support at 1.2806 level and a fall through could take it to the next support level of 1.2772. On the other side resistance stands at 1.2880, and a rise through could take it to the next resistance level of 1.2912.

GBPUSDH-27-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2665 1.2734 1.2772 1.2841 1.2879 1.2948 1.2986
WEEKLY 1.2503 1.2583 1.2668 1.2748 1.2833 1.2913 1.2998
MONTHLY 1.2527 1.2742 1.2934 1.3149 1.3341 1.3556 1.3748

GOLD

Gold’s price currently standing at $1,188.35, with the hourly chart showing a reversal from the lows of the beginning of the session, which might indicate a corrective rally towards the psychological hurdle of $1,200. Gold is expected to find support at the level of 1,184.98 and a fall through could take it to 1,179.21 level. On the other side first resistance stands at 1,190.48, and a rise through could take it to the next resistance level of 1,197.89.

GOLDH-27-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1174.90 1182.60 1186.80 1194.50 1198.70 1206.40 1210.60
WEEKLY 1110.14 1135.77 1156.14 1181.77 1202.14 1227.77 1248.14
MONTHLY 1152.24 1181.97 1202.84 1232.57 1253.44 1283.17 1304.04