USDJPY

USD/JPY is still trading above 110.00 level despite the bearish momentum. Support stands at 110.20 and a fall through could take it to the next support level of 110.00. On the other side resistance stands at 111.15, and a rise through could challenge 111.50 resistance level

USDJPYH-05-07-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 110.06 110.17 110.34 110.45 110.62 110.73 110.90
WEEKLY 108.13 108.75 109.71 110.33 111.29 111.91 112.87
MONTHLY 107.06 107.89 109.29 110.12 111.52 112.35 113.75

EURUSD

EUR/USD is holding above 1.1600 level. Support stands at 1.1645, and a break below might indicate further downside movement towards the next support level of 1.1600. On the other side resistance stands at 1.1690, and a rise through could take it to the next resistance level of 1.1720.

EURUSDH-05-07-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1583 1.1607 1.1634 1.1658 1.1685 1.1709 1.1736
WEEKLY 1.1373 1.1450 1.1568 1.1645 1.1763 1.1840 1.1958
MONTHLY 1.1167 1.1338 1.1511 1.1682 1.1855 1.2026 1.2199

GBPUSD

GBP/USD is trading near the 1.3230 level after edging into a new high on Wednesday, marking in a top at 1.3249. Support stands at 1.3200 and a break below might lead to the next support level at 1.3170. On the other side resistance stands at 1.3250, and a rise through could take it to the next resistance level of 1.3300

GBPUSDH-05-07-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.3106 1.3139 1.3183 1.3216 1.3260 1.3293 1.3337
WEEKLY 1.2830 1.2940 1.3074 1.3184 1.3318 1.3428 1.3562
MONTHLY 1.2592 1.2821 1.3015 1.3244 1.3438 1.3667 1.3861

GOLD

Gold is holding steady near 1,255.00 after peaking at 1,261.00, driven upwards through the mid-week by a softening US Dollar. Short term support stands at 1250.00, and a fall through could take it to the next support level of 1240.00. On the other side resistance stands at 1260.00, and a rise through could take it to the next resistance level of 1270.00

GOLDH-05-07-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1247.70 1251.50 1254.80 1258.60 1261.90 1265.70 1269.00
WEEKLY 1213.94 1229.37 1240.34 1255.77 1266.74 1282.17 1293.14
MONTHLY 1165.26 1205.03 1228.16 1267.93 1291.06 1330.83 1353.96