USDJPY

USD/JPY is struggling to hold onto slim gains in recent weeks, trading at 111.30. Support stands at 111.00 and a fall through could take it to 110.50. On the other side resistance stands at 112.00, and a rise through could challenge 112.50 resistance level.

USDJPY-07-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 110.81 110.99 111.17 111.35 111.53 111.71 111.89
WEEKLY 109.26 110.02 110.64 111.40 112.02 112.78 113.40
MONTHLY 107.50 108.89 110.39 111.78 113.28 114.67 116.17

EURUSD

EURUSD trading in the mid-1.1500s. Immediate support at 1.15 could be put to test today and break below might indicate further downside movement towards the next support level of 1.1475. On the other side resistance stands at 1.1600, and a rise through could take it to the next resistance level of 1.1680.

EURUSD-07-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1496 1.1513 1.1536 1.1553 1.1576 1.1593 1.1616
WEEKLY 1.1317 1.1438 1.1503 1.1624 1.1689 1.1810 1.1875
MONTHLY 1.1360 1.1466 1.1578 1.1684 1.1796 1.1902 1.2014

GBPUSD

GBP/USD stayed fragile after falling to an 11- heading into London market session after slipping from the 1.3000 major handle. Support stands at 1.2900 and a fall through could take it to the next support level of 1.2860 On the other side resistance stands at 1.3000, and a rise through could take it to the next resistance level of 1.3100.

GBPUSD-07-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2822 1.2871 1.2907 1.2956 1.2992 1.3041 1.3077
WEEKLY 1.2731 1.2853 1.2931 1.3053 1.3131 1.3253 1.3331
MONTHLY 1.2527 1.2742 1.2934 1.3149 1.3341 1.3556 1.3748

GOLD

Gold prices stabilized within the range of 1205-1210. Short term support stands at 1206.40, and a fall through could take it to the next support level of 1200. On the other side resistance stands at 1210, and a rise through could take it to the next resistance level of 1217.00.

GOLD-07-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1201.14 1207.97 1212.34 1219.17 1223.54 1230.37 1234.74
WEEKLY 1180.50 1192.80 1203.50 1215.80 1226.50 1238.80 1249.50
MONTHLY 1152.24 1181.97 1202.84 1232.57 1253.44 1283.17 1304.04