USDJPY

USD/JPY is currently trading at 109.90 retracing back from its highs and 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-07-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 109.40 109.60 109.87 110.07 110.34 110.54 110.81
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

EUR/USD is trading at 2-week highs testing 1.1800 handle ahead of the EU Session. Support stands at 1.1700, and a break below might indicate further downside movement toward the next support level of 1.1600. On the other side resistance stands at 1.1800, and a rise through could take it to the next resistance level of 1.1830.

EURUSD-07-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1650 1.1682 1.1732 1.1764 1.1814 1.1846 1.1896
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

GBP/USD is trading higher in the early European session, testing into 1.3440. The pair is expected to find support at 1.3380 and a fall through could take it to the next support level of 1.3300. On the other side resistance stands at 1.3450, and a rise through could take it to the next resistance level of 1.3500.

GBPUSD-07-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.3352 1.3375 1.3397 1.3420 1.3442 1.3465 1.3487
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 price have stabilized within the range of 1293-1300. supported by a weaker dollar amid ongoing concerns about a trade war between the United States and its allies Short term support stands at 1293, and a fall through could take it to the next support level of 1288.75. On the other side resistance stands at 1300, and a rise through could take it to the next resistance level of 1308.00.

GOLD-07-06-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1289.16 1293.43 1297.46 1301.73 1305.76 1310.03 1314.06
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