USDJPY

USDJPY pair gained 0.06% and trading at 109.60 as the upbeat US Data supported the dollar against yen. Support stands at 109.40, and a fall through could take it to the next support level of 109.00. On the other side resistance stands at 110.00, and a rise through could take it to the next resistance level of 110.30.

USDJPY-04-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 109.33 109.39 109.50 109.56 109.67 109.73 109.84
WEEKLY 106.77 107.44 108.49 109.16 110.21 110.88 111.93
MONTHLY 104.19 106.15 107.48 109.44 110.77 112.73 114.06

EURUSD

Bearish sentiment is still there as the pairs did not manage to hold above 1.1700 area. Support stands at 1.1645, and a break below might indicate further downside movement toward the next support level of 1.1600. On the other side resistance stands at 1.1725, and a rise through could take it to the next resistance level of 1.1800.

EURUSD-04-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1652 1.1656 1.1661 1.1665 1.1670 1.1674 1.1679
WEEKLY 1.1314 1.1410 1.1536 1.1632 1.1758 1.1854 1.1980
MONTHLY 1.0858 1.1183 1.1437 1.1762 1.2016 1.2341 1.2595

GBPUSD

GBPUSD pair is trading into 1.3375 ahead of Monday’s London market session that brings the UK’s Construction PMI figures for May. The pair is expected to find support at 1.3325 and a fall through could take it to the next support level of 1.3300. On the other side resistance stands at 1.3375, and a rise through could take it to the next resistance level of 1.3400.

GBPUSD-04-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.3325 1.3332 1.3343 1.3350 1.3361 1.3368 1.3379
WEEKLY 1.3088 1.3146 1.3247 1.3305 1.3406 1.3464 1.3565
MONTHLY 1.2507 1.2856 1.3078 1.3427 1.3649 1.3998 1.4220

GOLD

Gold prices were mixed during morning trade in Asia on Monday, with gold trading lower at 1292.Support stands at 1290, and a fall through could take it to the next support level of 1284.75. On the other side resistance stands at 1300, and a rise through could take it to the next resistance level of 1308.00.

GOLD-04-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1293.90 1295.20 1296.00 1297.30 1298.10 1299.40 1300.20
WEEKLY 1268.96 1278.93 1286.86 1296.83 1304.76 1314.73 1322.66
MONTHLY 1248.86 1267.03 1283.56 1301.73 1318.26 1336.43 1352.96