USDJPY

The USD/JPY found support at 105.20 and seem to be entering a consolidation phase. A clear break below the 105.20 might lead to short term downtrend towards 105.00 as 104.00 is exposed Resistance stands at 105.90 and a break above might lead 107.00 area.

USDJPY

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 105.25 105.36 105.46 105.57 105.67 105.78 105.88
WEEKLY 102.33 103.79 104.77 106.23 107.21 108.67 109.65
MONTHLY 99.71 102.62 104.65 107.56 109.59 112.50 114.53

EURUSD

EUR/USD is losing momentum following the EU news, after two consecutive sessions with gains. A clear break below 1.2250 might indicate downside movement towards 1.2200 level as 1.2100 is exposed. On the upside, a breakout of 1.2300 might lead to 1.2350 resistance area as 1.2400 is on the horizon.

EURUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2226 1.2263 1.2293 1.2328 1.2356 1.2393 1.2421
WEEKLY 1.1995 1.2074 1.2196 1.2275 1.2397 1.2476 1.2598
MONTHLY 1.1702 1.1945 1.2070 1.2313 1.2438 1.2681 1.2806

GBPUSD

Intraday bias in GBP/USD remains neutral for consolidation above 1.3711. Support stands at 1.3700 and a clear break below might indicate downside movement towards 1.3600 level. Key resistance holds at 1.3800 level and a break above will target the next resistance area 1. 3900.

GBPUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.3743 1.3761 1.3779 1.3797 1.3815 1.3833 1.3851
WEEKLY 1.3295 1.3504 1.3654 1.3863 1.4013 1.4222 1.4372
MONTHLY 1.3062 1.3406 1.3584 1.3931 1.4106 1.4453 1.4628

GOLD

Gold prices remained supported, as fears of a potential trade war and political uncertainty in Europe boosted demand for safe-haven assets. Support stands at 1315 and a clear break below will target 1300 handle. Resistance stands at 1327 and a clear break that level might lead to upside movement as 1345 is on the horizon.

GOLD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1320.10 1321.40 1322.80 1324.10 1325.50 1326.80 1328.20
WEEKLY 1264.40 1284.00 1303.70 1323.30 1343.00 1362.60 1382.30
MONTHLY 1241.06 1275.03 1296.46 1330.43 1351.80 1385.83 1407.26