USD/JPY

USD/JPY is currently trading at 105.55, representing a 0.18% gain on the day, amid expectations for endless monetary and fiscal stimulus and risk reset in the Asian equities. The pair has dropped to the intraday low of 105.22 earlier in the previous session, as traders kick-started Tuesday with the same bearish mood. USD/JPY could find support at 105.27 and a fall through may take it further to the support level of 105.11. On the other side, resistance could stand at 105.79, and a rise through may take it to the next resistance level of 106.00.
USDJPY_28_07_2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 103.82 104.47 104.91 105.56 106.01 106.65 107.10
1 WEEK 103.52 104.60 105.37 106.45 107.22 108.30 109.08
1 MONTH 102.25 104.16 106.04 107.95 109.83 111.74 113.62

EURUSD

EUR/USD pair looks to have lost some bullish impetus in the European open with the battered US dollar witnessing an oversold bounce across the globe, although the overall trend still looks constructive. Any potential dollar recovery may be short-lived due to dovish Fed expectations. EUR/USD could find support at 1.1689 and a fall through may take it further to the support level of 1.1666. On the other side, resistance could stand at 1.1768, and a rise through may take it to the next resistance level of 1.1782.
EURUSD_28_07_2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.1521 1.1579 1.1666 1.1724 1.1811 1.1869 1.1956
1 WEEK 1.1227 1.1314 1.1485 1.1572 1.1743 1.1830 1.2001
1 MONTH 1.0749 1.0922 1.1077 1.1250 1.1405 1.1578 1.1732

GBPUSD

GBP/USD once again has failed to cross 1.2900, and currently trades above mid-1.2800. Brexit woes continue despite recently optimistic comments from EU’s Bariner. Hopes of US fiscal stimulus increase as policymakers talk the deal. GBP/USD could find support at 1.2827 and a fall through may take it further to the support level of 1.2807. On the other side, resistance could stand at 1.2902, and a rise through may take it to the next resistance level of 1.2930.
GBPUSD_28_07_2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.2684 1.2732 1.2807 1.2855 1.2930 1.2978 1.3053
1 WEEK 1.2317 1.2417 1.2604 1.2704 1.2891 1.2991 1.3178
1 MONTH 1.1602 1.1927 1.2164 1.2489 1.2727 1.3051 1.3289

GOLD

Gold) recorded fresh all-time high above $1980 on Tuesday early session. The yellow metal, however, failed to hold up at higher level and saw a quick drop of about $35, as the greenback retraced some of its recent losses. Gold could find support at 1,915.60 and a fall through may take it further to the support level of 1,906.10. On the other side, resistance could stand at 1,955.90, and a rise through may take it to the next resistance level of 1,966.80.
Gold_28_07_2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1863.14 1881.07 1906.04 1923.97 1948.94 1966.87 1991.84
1 WEEK 1736.54 1771.57 1834.54 1869.57 1932.54 1967.57 2030.54
1 MONTH 1581.41 1626.63 1713.56 1758.78 1845.71 1890.93 1977.86