USDJPY

USD/JPY pair is trading around 107.00 handle indecisive, having hit a session low of 106.96 previously. A clear break above that level might lead towards 108.00 area. Short term support stands at 106.60 and a break below might lead to 106.00 area.

USDJPY-11-04-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 105.92 106.27 106.70 107.05 107.48 107.83 108.26
WEEKLY 104.04 104.85 105.89 106.70 107.74 108.55 109.59
MONTHLY 102.04 103.30 104.79 106.05 107.54 108.80 110.29

EURUSD

EUR/USD is trading steady ahead of the European market session, testing higher just beneath 1.2380. A clear break below 1.2325 support area might indicate downside movement towards 1.2200 area. On the other side a breakout above 1.2380 might lead to the next resistance area 1.2400.

EURUSD-11-04-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2243 1.2273 1.2318 1.2348 1.2393 1.2423 1.2468
WEEKLY 1.2084 1.2149 1.2216 1.2281 1.2348 1.2413 1.2480
MONTHLY 1.1836 1.1995 1.2159 1.2318 1.2482 1.2641 1.2805

GBPUSD

GBPUSD continues the bullish sentiment testing 1.4200 resistance area. A clear break above the level might target the next resistance area at 1.4300. Short term support holds at 1.4145 and a clear break below might indicate downside movement towards 1.4100 level.

GBPUSD-11-04-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.4070 1.4095 1.4138 1.4163 1.4206 1.4231 1.4274
WEEKLY 1.3861 1.3913 1.4002 1.4054 1.4143 1.4195 1.4284
MONTHLY 1.3205 1.3459 1.3738 1.3992 1.4271 1.4525 1.4804

GOLD

Gold hit a one-week high of 1342 in Asia and could extend the rally further to the recent high of 1353 as indicated by strengthening bullish bias. Resistance stands at 1342 and a clear break above that level might lead to upside movement to the next level of 1350. Short term support stands at 1330 and a clear break below will target 1320 handle.

GOLD-11-04-2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1325.54 1329.87 1337.54 1341.87 1349.54 1353.87 1361.54
WEEKLY 1291.74 1307.17 1321.64 1337.07 1351.54 1366.97 1381.44
MONTHLY 1245.46 1274.53 1298.66 1327.73 1351.86 1380.93 1405.06