USDJPY

USD/JPY s currently trading at 113.82 having made a high of 113.83 and a low of 113.64 but the technical lean bullish, despite the momentum to the upside has slowed. The pair is expected to find support at 113.58, and a fall through could take it to the support level of 113.31. On the other side, resistance stands at 114.06, and a rise through could take it to the next resistance level of 114.32.
USDJPY-08-10-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 113.50 113.58 113.65 113.73 113.80 113.88 113.95
WEEKLY 112.26 112.89 113.30 113.93 114.34 114.97 115.38
MONTHLY 108.15 109.27 111.48 112.60 114.81 115.93 118.14

EURUSD

EUR/USD is trading near 1.1510 ahead of the European morning market open, as the Dollar strengthens by rising US Treasury yields. The pair looks set for a slide below the 1.15 handle as broader markets continue to face down inflation risks from the US. EUR/USD is expected to find support at 1.1482 and a fall through could take it further to the support level of 1.1461. On the other side, resistance stands at 1.1532, and a rise through could take it to the next resistance level of 1.1550.
EURUSD-08-10-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1512 1.1516 1.1520 1.1524 1.1528 1.1532 1.1536
WEEKLY 1.1283 1.1373 1.1449 1.1539 1.1615 1.1705 1.1781
MONTHLY 1.1193 1.1359 1.1484 1.1650 1.1775 1.1941 1.2066

GBPUSD

GBP/USD is trading above the 1.31 major level as Brexit concerns swung back into Brexit hope last week, and markets will keep a close eye on Brexit developments, as the EU is set to be handing down an alternative trade deal for the UK this Wednesday. GBP/USD is expected to find support at 1.3025 level and a fall through could take it to the next support level of 1.2990. On the other side, resistance stands at 1.3129, and a rise through could take it to the next resistance level of 1.3168.
GBPUSD-08-10-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.3095 1.3102 1.3115 1.3122 1.3135 1.3142 1.3155
WEEKLY 1.2780 1.2850 1.2986 1.3056 1.3192 1.3262 1.3398
MONTHLY 1.2266 1.2526 1.2779 1.3039 1.3292 1.3552 1.3805

GOLD

Gold prices are under pressure, currently trading close to 1196.20, after starting this week session at 1204.00. This comes as PBOC’s decided to cut rates for the fourth time in 2018, and it seems that is not boding well for the safe-haven yellow metal. Gold is expected to find support at the level of 1,194.92 and a fall through could take it to 1,191.60 level. On the other side, resistance stands at 1,204.14, and a rise through could take it to the next resistance level of 1,208.25.
Gold-08-10-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1205.84 1206.37 1206.94 1207.47 1208.04 1208.57 1209.14
WEEKLY 1169.14 1177.47 1189.34 1197.67 1209.54 1217.87 1229.74
MONTHLY 1154.34 1167.17 1179.34 1192.17 1204.34 1217.17 1229.34