USDJPY

USD/JPY is shifting on thin volumes with most markets shuttered for the Easter long weekend, and the pair jumped session low of 106.14 to 106.43 before settling back into the 106.20 area. Resistance holds at 107.00 area l and a break above might lead to 108.00. Short term support stands at 106.10 and a break below might lead to 106.00 area.

USDJPY-30-03-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 105.49 105.87 106.17 106.55 106.85 107.23 107.53
WEEKLY 102.02 103.33 104.03 105.34 106.04 107.35 108.05
MONTHLY 99.71 102.62 104.65 107.56 109.59 112.50 114.53

EURUSD

EUR/USD pair caught some bids and was now seen building on its positive move beyond the 1.2300 handle. Breakout above 1.2335 might lead to 1.2360 as 1.2400 is on the horizon. A clear break below 1.2280 support area might indicate downside movement towards 1.2200 area.

EURUSD-30-03-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2226 1.2254 1.2279 1.2307 1.2332 1.2360 1.2385
WEEKLY 1.2113 1.2176 1.2264 1.2327 1.2415 1.2478 1.2566
MONTHLY 1.1702 1.1945 1.2070 1.2313 1.2438 1.2681 1.2806

GBPUSD

GBP/USD pair is trading lower for the third straight day as the dismal UK Q4 GDP release weighed over the British Pound. Support holds at 1.4000 and a clear break below might indicate downside movement towards 1.3900 level. Resistance stands at 1.4080 and a break above might target the next resistance area at 1.4100.

GBPUSD-30-03-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.3904 1.3957 1.3992 1.4045 1.4080 1.4133 1.4168
WEEKLY 1.3652 1.3782 1.3958 1.4088 1.4264 1.4394 1.4570
MONTHLY 1.3062 1.3406 1.3584 1.3931 1.4106 1.4453 1.4628

GOLD

Gold currently is trading at 1325 area after founding support at 1321. Short term support stands at 1320 and a clear break below will target 1315 handle. Resistance stands at 1345 and a clear break above that level might lead to upside movement to the next level of 1355.

GOLD-30-03-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1291.60 1307.00 1315.60 1331.00 1339.60 1355.00 1363.60
WEEKLY 1277.06 1291.83 1320.86 1335.63 1364.66 1379.43 1408.46
MONTHLY 1241.06 1275.03 1296.46 1330.43 1351.80 1385.83 1407.26