​​

USDJPY

USD/JPY is very quiet in Tokyo’s open, stationary around 113 the figure, with the buyers lurking just below the last amid a better risk environment. USD/JPY is expected to find support at 112.80, and a fall through could take it to the support level of 112.30. On the other side, resistance stands at 113.25, and a rise through could take it to the level of 113.70.

USDJPY 22_11_2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 112.22 112.46 112.75 112.999 113.28 113.52 113.81
WEEKLY 110.66 111.65 112.24 113.23 113.82 114.81 114.81
MONTHLY 108.17 109.77 111.35 112.95 114.53 116.13 117.71

EURUSD

EURUSD remained well above 1.1400 handle and hit an intra-day high of 1.1425 market and maintained some modest gains, ahead of the ECB’s monetary policy meeting minutes. Support stands at 1.1355 and a fall through could take it further to the support level of 1.1300. On the other side, resistance stands at 1.1430, and a rise through could take it to the next resistance level of 1.1475.

EURUSD 22_11_2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1302 1.1334 1.1361 1.1393 1.1420 1.1452 1.1479
WEEKLY 1.1075 1.1145 1.1283 1.1353 1.1491 1.1561 1.1699
MONTHLY 1.0869 1.1085 1.1198 1.1414 1.1527 1.1743 1.1856

GBPUSD

GBP/USD is in action in Thursday’s pre-London market session, bouncing between 1.2770 and 1.2790, with thin liquidity on the cards as GBP traders await further developments on Brexit. Support stands at 1.2720 and a fall through could take it to the next support level of 1.2700. On the other side, resistance stands at 1.2875, and a rise through could take it to the next resistance level of 1.2900.

GBPUSD 22_11_2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2701 1.2733 1.2755 1.2787 1.2809 1.2841 1.2863
WEEKLY 1.2680 1.2819 1.2898 1.3037 1.3116 1.3255 1.3334
MONTHLY 1.1991 1.2343 1.2555 1.2907 1.3119 1.3471 1.3683

GOLD

Gold prices were flat in Asia on reports that Federal Reserve might consider a pause to the rate hikes cycle. Gold is expected to find support at the level of 1,219.80 and a fall through could take it to 1,208.37 level. On the other side, resistance stands at 1,230.67, and a rise through could take it to the next resistance level of 1,236.38.

GOLD 22_11_2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1224.46 1225.63 1226.66 1227.83 1228.86 1230.03 1231.06
WEEKLY 1175.96 1186.13 1186.13 1213.63 1230.96 1241.13 1258.46
MONTHLY 1129.56 1156.63 1184.46 1211.53 1239.36 1266.43 1294.26