USDJPY

USD/JPY is holding near the high side, testing 108.90. A clear break above 109.00 level might indicate upside movement towards 109.90 resistance area. On the other side short term support stands at 108.50 and a break below might indicate the end of the bullish trend.

USDJPY

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 107.01 107.37 108.07 108.43 109.13 109.49 110.19
WEEKLY 106.06 106.46 107.06 107.46 108.06 108.46 109.06
MONTHLY 102.04 103.30 104.79 106.05 107.54 108.80 110.29

EURUSD

Bearish momentum prevails and the pair currently is testing 1.2200 support level. A clear break below that area, might indicate downside movement towards 1.2100 area as 1.2000 is exposed. On the other side a clear breakout above 1.2200 might lead to 1.2250 area and further stabilization of the pair.

EURUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2084 1.2141 1.2176 1.2233 1.2268 1.2325 1.2360
WEEKLY 1.2056 1.2153 1.2221 1.2318 1.2386 1.2483 1.2551
MONTHLY 1.1836 1.1995 1.2159 1.2318 1.2482 1.2641 1.2805

GBPUSD

GBP/USD is holding steady near the 1.3950 level after drooping for five straight days as the USD surges. A clear break below might indicate downside movement towards 1.3900 support level and if so we might see the pair to retrace more to 1.3800 area. A clear break above the level of 1.4000 might indicate uptrend movement to retest 1.4100 resistance area.

GBPUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.3795 1.3861 1.3899 1.3965 1.4003 1.4069 1.4107
WEEKLY 1.3488 1.3741 1.3872 1.4125 1.4256 1.4509 1.4640
MONTHLY 1.3205 1.3459 1.3738 1.3992 1.4271 1.4525 1.4804

GOLD

Gold prices rose from weekly lows earlier, as the dollar slightly dropped despite higher 10-year U.S. treasury yields. Short term support stands at 1321 and a clear break below will target 1315 handle. Resistance stands at 1328 and a clear break above that level might lead to upside movement to the next level of 1332.

GOLD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1307.46 1315.63 1320.96 1329.13 1334.46 1342.63 1347.96
WEEKLY 1308.54 1322.77 1330.54 1344.77 1352.54 1366.77 1374.54
MONTHLY 1250.24 1279.77 1303.54 1333.07 1356.84 1386.37 1410.14