USD/JPY

USD/JPY continues to find pressures despite rallies and bears looks to stay in control. The pair lost -0.3% overnight and fell to 103.65 before making a move upwards, currently sitting at 103.88. The US dollar fund a bid in late-early Asia, however, the yen is firm as risk-off elements persist in the coronavirus story while global cases continue to rise, especially in the US.USD/JPY could find support at 103.68 and a fall through may take it further to the support level of 103.58. On the other side, resistance could stand at 104.06 and a rise through may take it to the next resistance level of 104.22.
USDJPY-19-11-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 102.99 103.32 103.58 103.90 104.16 104.48 104.74
1 WEEK 100.81 102.00 103.31 104.50 105.81 107.00 108.30
1 MONTH 101.64 102.83 103.74 104.93 105.83 107.03 107.93

EURUSD

EUR/USD trades near flat around mid-1800s after Wednesday’s marginal losses. France says EU leaders could approve a budget without Hungary and Poland and the Eurozone needs fiscal aid to combat the second wave of the coronavirus. ECB President Lagarde’s speech and EU Summit eyed. EUR/USD could find support at 1.1833 and a fall through may take it further to the support level of 1.1820. On the other side, resistance could stand at 1.1865, and a rise through may take it to the next resistance level of 1.1886.
EURUSD-19-11-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.1791 1.1820 1.1836 1.1864 1.1880 1.1908 1.1924
1 WEEK 1.1568 1.1657 1.1744 1.1832 1.1919 1.2007 1.2095
1 MONTH 1.1322 1.1481 1.1564 1.1723 1.1807 1.1965 1.2049

GBPUSD

GBP/USD consolidates losses below 1.3250 in the early hour of the London open. The cable lost ground after The Times triggered chatters over no-deal Brexit. The risk-off mood amid covid concerns and ire against China’s Hong Kong crackdown weigh on the spot. GBP/USD could find support at 1.3222 and a fall through may take it further to the support level of 1.3204. On the other side, resistance could stand at 1.3257, and a rise through may take it to the next resistance level of 1.3274.
GBPUSD-19-11-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.3166 1.3204 1.3237 1.3275 1.3308 1.3346 1.3379
1 WEEK 1.2886 1.2996 1.3090 1.3200 1.3295 1.3404 1.3499
1 MONTH 1.2420 1.2619 1.2780 1.2979 1.3140 1.3339 1.3499

GOLD

Gold refreshes intraday low after breaking the short-term ascending trend line. The yellow metal takes offers near the intraday low near $1,860, down 0.55% on the day. Gold could find support at 1,851.50 and a fall through may take it further to the support level of 1,841.30. On the other side, resistance could stand at 1,870.40, and a rise through may take it to the next resistance level of 1,878.80.
Gold-19-11-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1837.50 1848.90 1861.40 1872.80 1885.30 1896.70 1909.20
1 WEEK 1807.56 1840.43 1896.06 1928.93 1984.56 2017.43 2073.06
1 MONTH 1766.55 1813.00 1846.45 1892.90 1926.35 1972.80 2006.25