USDJPY

The currency pair is trading near 110.00 handle. Support stands at 109.30, 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 challenge 111.00 resistance area.

USDJPY-05-06-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 108.93 109.15 109.56 109.78 110.19 110.41 110.82
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

The currency pair is trading at 1.1680, having struggled to find acceptance above the 1.1700 mark in the last three days. 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-05-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1587 1.1627 1.1664 1.1704 1.1741 1.1781 1.1818
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

The GBP/USD is trading near the 1.3300 major handle ahead of London session. The pair is expected to find support at 1.3300 and a fall through could take it to the next support level of 1.3245. On the other side resistance stands at 1.3340, and a rise through could take it to the next resistance level of 1.3400.

GBPUSD-05-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.3171 1.3233 1.3274 1.3336 1.3377 1.3439 1.3480
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 lower on Tuesday as the dollar stayed firm, trading near 1290 area. 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-05-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1284.16 1289.13 1292.26 1297.23 1300.36 1305.33 1308.46
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