USDJPY

The US Dollar is trading in a positive zone above the 109.60 support against the Japanese Yen. Intraday bias remains neutral for the moment. On the upside, break of 110.89 will resume the rise from 108.10 and target 111.39. Firm break there will resume the rally from 104.62 and target 114.73 key resistance. On the downside, below 109.36 will extend the consolidation from 111.39 with another decline.

USDJPY

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 109.41 109.69 110.09 110.37 110.77 111.05 111.45
WEEKLY 108.20 108.87 109.42 110.09 110.64 111.31 111.86
MONTHLY 104.19 106.15 107.48 109.44 110.77 112.73 114.06

 

EURUSD

The EUR spiked on the EU migration deal. The currency pair will likely keep the gains as the European and US markets are expected to trade risk-on. A key support is the 1.1500/10 region, where the pair set its yearly low, while a relevant resistance is at 1.1720, and given that the pair is closer to the first, the risk is clearly lean toward the downside. with a bearish breakout exposing the 1.1440/60 price zone.

EURUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1454 1.1491 1.1527 1.1564 1.1600 1.1637 1.1673
WEEKLY 1.1383 1.1446 1.1551 1.1614 1.1719 1.1782 1.1887
MONTHLY 1.0858 1.1183 1.1437 1.1762 1.2016 1.2341 1.2595

 

GBPUSD

The pair is trying to clear some ground above the 1.3100 key level ahead of Friday’s European market session. This week has seen the Sterling shuffle steadily lower against the Greenback as Brexit concerns continue to weigh on investor sentiment in the UK. Immediate resistance is seen at 1.3290, and a rise through here could take it to the next resistance level of 1.3300.

GBPUSD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2975 1.3013 1.3044 1.3082 1.3113 1.3151 1.3182
WEEKLY 1.2926 1.3013 1.3142 1.3229 1.3358 1.3445 1.3574
MONTHLY 1.2507 1.2856 1.3078 1.3427 1.3649 1.3998 1.4220

 

GOLD

Gold weakened further on Thursday leaving risk of more weakness on the cards. On the downside, support comes in at the 1240level where a break will turn attention to the 1230level. Further down, a cut through here will open the door for a move lower towards the 1220 level. On the flipside, resistance resides at the 1260 level where a break will aim at the 1,270.00 level. A turn above there will expose the 1280 level. Further out, resistance stands at the 1290 level.

GOLD

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1237.54 1242.37 1246.14 1250.97 1254.74 1259.57 1263.34
WEEKLY 1235.86 1247.93 1257.66 1269.73 1279.46 1291.53 1301.26
MONTHLY 1248.86 1267.03 1283.56 1301.73 1318.26 1336.43 1352.96