USDJPY

USD/JPY the pair extended last week’s rejection slide from the key 110.00 psychological mark and kept losing ground for the fourth session in the previous five. Support stands at 108.60 and a fall through could take it to the next support level of 108.00. On the other side resistance stands at the aimed 109.00, and a rise through could challenge 109.40 resistance level.

USDJPYH-31-01-2019

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 107.68 108.24 108.61 109.18 109.55 110.12 110.49
WEEKLY 108.26 108.70 109.12 109.56 109.98 110.42 110.84
MONTHLY 103.83 106.69 108.14 111.00 112.45 115.31 116.76

EURUSD

EUR/USD focus shifts to Eurozone GDP after dovish Fed. Support stands at 1.1400, and a break below might indicate further downside movement towards the next support level of 1.1340. On the other side resistance stands at 1.1500, and a rise through could take it to the next resistance level of 1.1570.

EURUSDH-31-01-2019

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1332 1.1369 1.1428 1.1465 1.1523 1.1561 1.1619
WEEKLY 1.1196 1.1242 1.1329 1.1375 1.1462 1.1508 1.1595
MONTHLY 1.1111 1.1189 1.1330 1.1408 1.1549 1.1627 1.1768

GBPUSD

GBP/USD pair is on a steady rise so far this Thursday and looks to test the post-FOMC highs. The pair is expected to find support at 1.3050 and a fall through could take it to the next support level of 1.3000. On the other side resistance stands at 1.3160, and a rise through could take it to the next resistance level of 1.3200.

GBPUSDH-31-01-2019

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2973 1.3013 1.3064 1.3105 1.3156 1.3197 1.3248
WEEKLY 1.2562 1.2696 1.2950 1.3084 1.3338 1.3472 1.3726
MONTHLY 1.2179 1.2328 1.2543 1.2692 1.2907 1.3056 1.3271

GOLD

Gold runs into 78.6% Fib of $1,321, 4H RSI and MACD diverge. Short term support stands at 1305.00, and a fall through could take it to the next support level of 1290.00. On the other side resistance stands at 1320.00, and a rise through could take it to the next resistance level of 1330.00.

GOLD-31-01-2019

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1288.90 1298.50 1304.20 1313.80 1319.50 1329.10 1334.80
WEEKLY 1253.04 1264.17 1281.14 1292.27 1309.24 1320.37 1337.34
MONTHLY 1183.20 1204.90 1243.10 1264.80 1303.00 1324.70 1362.90