USDJPY

USD/JPY witnessed a falling wedge breakout a few minutes before press time. Support stands at 112.50 and a fall through could take it to the next support level of 112.10. On the other side resistance stands at the aimed 113.40, and a rise through could challenge 113.80 resistance level.

USDJPY_02_11_2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 112.08 112.32 112.52 112.76 112.96 113.20 113.40
WEEKLY 109.72 110.55 111.23 112.06 112.74 113.57 114.25
MONTHLY 108.15 109.27 111.48 112.60 114.81 115.93 118.14

EURUSD

EUR/USD has eroded short-term falling trendline ahead of US NFP and wage growth release. Support stands at 1.1380, and a break below might indicate further downside movement towards the next support level of 1.1350. On the other side resistance stands at 1.1430, and a rise through could take it to the next resistance level of 1.1470.

EURUSD_02_11_2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1225 1.1269 1.1336 1.1380 1.1447 1.1491 1.1558
WEEKLY 1.1090 1.1212 1.1308 1.1430 1.1526 1.1648 1.1744
MONTHLY 1.1193 1.1359 1.1484 1.1650 1.1775 1.1941 1.2066

GBPUSD

GBP/USD looking to hang onto 1.3000 with US NFP in the barrel. The pair is expected to find support at 1.2900 and a fall through could take it to the next support level of 1.2830. On the other side resistance stands at 1.3030, and a rise through could take it to the next resistance level of 1.3100.

GBPUSD_02_11_2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2567 1.2666 1.2834 1.2933 1.3101 1.3200 1.3368
WEEKLY 1.2393 1.2585 1.2709 1.2901 1.3025 1.3217 1.3341
MONTHLY 1.2266 1.2526 1.2779 1.3039 1.3292 1.3552 1.3805

GOLD

Gold awaits falling wedge breakout. Short term support stands at 1230.00, and a fall through could take it to the next support level of 1220.00. On the other side resistance stands at 1235.00, and a rise through could take it to the next resistance level of 1240.00.

GOLD_02_11_2018

 

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1199.64 1208.47 1221.64 1230.47 1243.64 1252.47 1265.64
WEEKLY 1202.86 1211.23 1221.86 1230.23 1240.86 1249.23 1259.86
MONTHLY 1154.34 1167.17 1179.34 1192.17 1204.34 1217.17 1229.34