USD/JPY

USD/JPY seesawed dropped to fresh session lows in the last hour, with bears now looking to extend the slide further below the 109.00 round-figure mark. The pair witnessed some follow-through selling on Monday and retreated farther from over five-month tops set late last week. USD/JPY is expected to find support at 108.81 and a fall through could take it to the support level of 108.65. On the other side, resistance stands at 109.13 and a rise through could take it to the level of 109.33.

USDJPY-11-11-2019

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 109.00 109.06 109.13 109.19 109.25 109.32 109.38
1 WEEK 107.13 107.65 108.46 108.98 109.79 110.31 111.12
1 MONTH 103.76 105.15 107.62 107.94 109.40 110.76 112.22

EURUSD

EUR/USD stays cautious amid USD strength and Spanish election outcome. The spot is seen wavering up and down within a 10-pips narrow range so far this Monday, as markets await fresh updates on the US-China trade front as well as the big economic releases from both sides of Atlantic in the week. EUR/USD is expected to find support at 1.1010 and a fall through could take it further to the support level of 1.0989. On the other side, resistance stands at 1.1037 and a rise through could take it to the next resistance level of 1.1051.

EURUSD-11-11-2019

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.1014 1.1016 1.1019 1.1022 1.1025 1.1028 1.1031
1 WEEK 1.0805 1.0911 1.0965 1.1071 1.1125 1.1231 1.1285
1 MONTH 1.0659 1.0769 1.0961 1.1071 1.1263 1.1373 1.1565

GBPUSD

GBP/USD seesaws near three-week low around 1.2805 after Moody’s cut UK outlook to negative. The broad USD strength and market’s cautious mood ahead of the key British data limit pair’s moves. GBP/USD is expected to find support at 1.2785 and a fall through could take it to the next support level of 1.2767. On the other side, resistance stands at 1.2822 and a rise through could take it to the next resistance level of 1.2841.

GBPUSD-11-11-2019

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.2771 1.2780 1.2787 1.2796 1.2803 1.2812 1.2819
1 WEEK 1.2533 1.2651 1.2712 1.2830 1.2891 1.3009 1.3070
1 MONTH 1.1601 1.1898 1.2420 1.2717 1.3239 1.3536 1.4058

GOLD

Gold prices were little changed on Monday as markets largely shrugged off fresh violence in Hong Kong and uncertainty surround the U.S.-China trade. Gold is expected to find support at 1,459.30 and a fall through could take it to the support level of 1,456.90. On the other side, resistance stands at 1,469.30, and a rise through could take it to the level of 1,472.60.

Gold-11-11-2019

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1458.21 1458.98 1460.41 1461.18 1462.61 1463.38 1464.81
1 WEEK 1380.80 1418.90 1440.90 1479.00 1501.00 1539.10 1561.10
1 MONTH 1417.14 1441.07 1477.94 1501.87 1538.74 1562.67 1599.54