USDJPY

USD/JPY is trading at 2-month highs breaking through 107.50 and currently targeting 108 handles. A clear break above 108.00 level might lead towards 109.00 resistance area. Short term support stands at 107.00 and a break below might lead to 106.60 area.

USDJPY-13-04-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 106.10 106.40 106.83 107.13 107.56 107.86 108.29
WEEKLY 104.04 104.85 105.89 106.70 107.74 108.55 109.59
MONTHLY 102.04 103.30 104.79 106.05 107.54 108.80 110.29

EURUSD

EUR/USD is middling through the Asia session, testing near 1.2330 ahead of the European markets. A clear break below 1.2300 short support area might indicate downside movement towards 1.2200 area. On the other side a breakout above 1.2350 might lead to the next resistance area 1.2400.

EURUSD-13-04-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2214 1.2257 1.2294 1.2337 1.2374 1.2417 1.2454
WEEKLY 1.2084 1.2149 1.2216 1.2281 1.2348 1.2413 1.2480
MONTHLY 1.1836 1.1995 1.2159 1.2318 1.2482 1.2641 1.2805

GBPUSD

GBP/USD pair is trading at 1.4225 ahead of the European markets. A clear break above the level of 1.4285 might target the next resistance area at 1.4300. Short term support holds at 1.4185 and a clear break below might indicate downside movement towards 1.4135 level.

GBPUSD-13-04-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.4074 1.4110 1.4175 1.4211 1.4276 1.4312 1.4377
WEEKLY 1.3861 1.3913 1.4002 1.4054 1.4143 1.4195 1.4284
MONTHLY 1.3205 1.3459 1.3738 1.3992 1.4271 1.4525 1.4804

GOLD

Gold prices edged up on Friday with the ongoing tension over Syria cited as supportive for the yellow metal, after the downside movement was supported at 1330. Short term support stands at 1333 and a clear break below will target 1320 handle. Resistance stands at 1340 and a clear break above that level might lead to upside movement to the next level of 1355.

GOLD-13-04-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1312.56 1324.63 1332.56 1344.63 1352.56 1364.63 1372.56
WEEKLY 1291.74 1307.17 1321.64 1337.07 1351.54 1366.97 1381.44
MONTHLY 1245.46 1274.53 1298.66 1327.73 1351.86 1380.93 1405.06