USDJPY

USD/JPY fell below the key support of 50-day moving average on Friday and hit a low of 110.14 in the Asian session today. Support stands at 110.00 and a fall through could take it to the next support level of 109.50. On the other side resistance stands at 111.20, and a rise through could challenge 111.70 resistance level.

USDJPY-13-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 110.16 110.30 110.47 110.61 110.78 110.92 111.09
WEEKLY 109.40 109.95 110.44 110.99 111.48 112.03 112.52
MONTHLY 107.50 108.89 110.39 111.78 113.28 114.67 116.17

EURUSD

EUR/USD fell below 1.1500 on Friday and hit a 13-month low of 1.1368 in Asia. Support stands at 1.1360, and a break below might indicate further downside movement towards the next support level of 1.1340. On the other side resistance stands at 1.1400, and a rise through could take it to the next resistance level of 1.1430.

EURUSD-13-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1334 1.1353 1.1374 1.1393 1.1414 1.1433 1.1454
WEEKLY 1.1076 1.1230 1.1321 1.1475 1.1566 1.1720 1.1811
MONTHLY 1.1360 1.1466 1.1578 1.1684 1.1796 1.1902 1.2014

GBPUSD

GBP/USD hits the brakes near 1.2750 on a quiet Monday. The pair is expected to find support at 1.2720 and a fall through could take it to the next support level of 1.2700. On the other side resistance stands at 1.2800, and a rise through could take it to the next resistance level of 1.2820.

GBPUSD-13-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2706 1.2725 1.2742 1.2761 1.2778 1.2797 1.2814
WEEKLY 1.2359 1.2541 1.2655 1.2837 1.2951 1.3133 1.3247
MONTHLY 1.2527 1.2742 1.2934 1.3149 1.3341 1.3556 1.3748

GOLD

Gold risk reversals have turned bullish for the first time since July 10. Short term support stands at 1206.00, and a fall through could take it to the next support level of 1200.00. On the other side resistance stands at 1214.00, and a rise through could take it to the next resistance level of 1220.00.

GOLD-13-08-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1215.74 1217.17 1218.54 1219.97 1221.34 1222.77 1224.14
WEEKLY 1194.86 1200.23 1205.66 1211.03 1216.46 1221.83 1227.26
MONTHLY 1152.24 1181.97 1202.84 1232.57 1253.44 1283.17 1304.04