USDJPY

USDJPY is now trading into 112.40 after Greenback bidders took a bounce to reclaim the 112.00 handle. The pair found support at 112.00, and a fall through could take it to the support level of 111.75. On the other side, resistance stands at 112.60, and a rise through could take it to the next resistance level of 113.00.

USDJPY

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 111.07 111.51 111.85 112.29 112.63 113.07 113.41
WEEKLY 109.26 110.55 111.37 112.66 113.78 114.77 115.59
MONTHLY 108.15 109.27 111.48 112.60 114.81 115.93 118.14

EURUSD

EUR/USD dropped to 1.1449, lowest level since Oct. 9 -and looks set to drop further to 1.1400 as the European Commission’s criticism of Italy’s populist budget sparked fresh concerns about political tensions in the common currency zone. EUR/USD is expected to find support at 1.1400 and a fall through could take it further to the support level of 1.1300. On the other side, resistance stands at 1.14750, and a rise through could take it to the next resistance level of 1.1545.

EURUSD

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1350 1.1400 1.1427 1.1477 1.1504 1.1554 1.1581
WEEKLY 1.1278 1.1354 1.1459 1.1535 1.1640 1.1716 1.1821
MONTHLY 1.1193 1.1359 1.1484 1.1650 1.1775 1.1941 1.2066

GBPUSD

GBP/USD pair fell to 1.3015 and could further to key trendline support today on the Brexit impasse. Traders placed bearish bets on the sterling as a EU-UK summit failed to yield a decision on Britain’s exit from the euro zone GBP/USD is expected to find support at 1.3015 and a fall through could take it to the next support level of 1.3000. On the other side, resistance stands at 1.3050, and a rise through could take it to the next resistance level of 1.3100.

GBPUSD

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2862 1.2939 1.2978 1.3055 1.3094 1.3171 1.3210
WEEKLY 1.2804 1.2916 1.3035 1.3147 1.3266 1.3378 1.3497
MONTHLY 1.2266 1.2526 1.2779 1.3039 1.3292 1.3552 1.3805

GOLD

Gold edged higher by 0.25 percent earlier to trade at 1,227 per ounce. Support stands at the level of 1,215.70 and a fall through could take it to 1,215.74 level. On the other side, resistance stands at 1,229.40, and a rise through could take it to the next resistance level of 1,233.23.

GOLD

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1211.04 1216.37 1222.64 1227.97 1234.24 1239.57 1245.84
WEEKLY 1152.10 1167.90 1190.00 1208.80 1233.90 1249.70 1274.80
MONTHLY 1154.34 1167.17 1179.34 1192.17 1204.34 1217.17 1229.34