USDJPY

USD/JPY is under pressure, possibly due to risk aversion in equities. Support stands at 109.50 and a fall through could take it to the next support level of 109.30. On the other side resistance stands at the aimed 109.90, and a rise through could challenge 110.00 resistance level.

USDJPY_08.02.19

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 109.08 109.35 109.56 109.82 110.03 110.29 111.50
WEEKLY 107.50 108.00 108.75 109.25 110.00 110.50 111.25
MONTHLY 100.87 102.92 105.90 107.95 110.93 112.98 115.96

EURUSD

EUR/USD Focus on 200-week MA support, put bias strongest in 7.5 weeks. Support stands at 1.1320, and a break below might indicate further downside movement towards the next support level of 1.1300. On the other side resistance stands at 1.1380, and a rise through could take it to the next resistance level of 1.1400.

EURUSD_08.02.19

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1275 1.1300 1.1320 1.1344 1.1364 1.1388 1.1408
WEEKLY 1.1264 1.1327 1.1391 1.1454 1.1518 1.1581 1.1645
MONTHLY 1.1014 1.1151 1.1298 1.1435 1.1582 1.1719 1.1866

GBPUSD

GBP/USD struggles to extend the recovery before UK Prime Minister May reaches Dublin. The pair is expected to find support at 1.2910 and a fall through could take it to the next support level of 1.2880. On the other side resistance stands at 1.3000, and a rise through could take it to the next resistance level of 1.3020.

GBPUSD_08.02.19

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2728 1.2791 1.2870 1.2933 1.3012 1.3075 1.3153
WEEKLY 1.2843 1.2943 1.3015 1.3115 1.3187 1.3287 1.3359
MONTHLY 1.1840 1.2139 1.2620 1.2919 1.3400 1.3699 1.4180

GOLD

Gold upside remains capped near $1310 amid firmer USD. Short term support stands at 1305.00, and a fall through could take it to the next support level of 1300.00. On the other side resistance stands at 1315.00, and a rise through could take it to the next resistance level of 1325.00.

GOLD_08.02.19

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1299.26 1302.88 1308.51 1312.13 1317.76 1321.38 1327.01
WEEKLY 1277.76 1290.23 1306.16 1318.63 1334.56 1347.03 1362.96
MONTHLY 1244.50 1263.00 1294.10 1312.60 1343.70 1362.20 1393.30