FX Technicals: 3M Charts With Daily Pivots

*All the charts are 30M with daily pivot points.

AUD/USD

Market Scenario 1: Long positions above 0.7786 with target @ 0.7818.

Market Scenario 2: Short positions below 0.7747 with target @ 0.7715.

Comment: The pair jumped in the early session and hovers around 0.7770 level.

Supports and Resistances:

R3 0.7818

R2 0.7786

R1 0.7747

PP 0.7715

S1 0.7676

S2 0.7644

S3 0.7605

EUR/JPY

Market Scenario 1: Long positions above 129.01 with target @ 129.56.

Market Scenario 2: Short positions below 128.23 with target @ 127.68.

Comment: The pair trades almost unchanged below 128.70 level.

Supports and Resistances:

R3 130.34

R2 129.56

R1 129.01

PP 128.23

S1 127.68

S2 126.90

S3 126.35

EUR/USD

Market Scenario 1: Long positions above 1.0790 with target @ 1.0846.

Market Scenario 2: Short positions below 1.0725 with target @ 1.0669.

Comment: The pair strengthened and advanced above 1.0750 level.

Supports and Resistances:

R3 1.0911

R2 1.0846

R1 1.0790

PP 1.0725

S1 1.0669

S2 1.0604

S3 1.0548

GBP/JPY

Market Scenario 1: Long positions above 179.18 with target @ 179.74.

Market Scenario 2: Short positions below 178.32 with target @ 177.76.

Comment: The pair trades steady above the support level 178.32.

Supports and Resistances:

R3 180.60

R2 179.74

R1 179.18

PP 178.32

S1 177.76

S2 176.90

S3 176.34

GBP/USD

Market Scenario 1: Long positions above 1.4980 with target @ 1.5034.

Market Scenario 2: Short positions below 1.4917 with target @ 1.4863.

Comment: The pair shows some signs of strengthening and trades above 1.4960 level.

Supports and Resistances:

R3 1.5097

R2 1.5034

R1 1.4980

PP 1.4917

S1 1.4863

S2 1.4800

S3 1.4746

USD/JPY

Market Scenario 1: Long positions above 119.55 with target @ 119.94.

Market Scenario 2: Short positions below 119.55 with target @ 119.27.

Comment: The pair trades steady near the support level 119.55.

Supports and Resistances:

R3 120.61

R2 120.22

R1 119.94

PP 119.55

S1 119.27

S2 118.88

S3 118.60

Gold

Market Scenario 1: Long positions above 1199.77 with target @ 1207.04.

Market Scenario 2: Short positions below 1199.77 with target @ 1195.84.

Comment: Gold prices dropped and found support at 1199.77 level.

Supports and Resistances:

R3 1218.24

R2 1210.97

R1 1207.04

PP 1199.77

S1 1195.84

S2 1188.57

S3 1184.64

Crude Oil

Market Scenario 1: Long positions above 56.92 with target @ 57.73.

Market Scenario 2: Short positions below 55.79 with target @ 54.98.

Comment: Crude oil prices trade steady near 56.00 level.

Supports and Resistances:

R3 59.67

R2 58.86

R1 57.73

PP 56.92

S1 55.79

S2 54.98

S3 53.85

USD/RUB

Market Scenario 1: Long positions above 53.243 with target @ 54.567.

Market Scenario 2: Short positions below 52.348 with target @ 51.025.

Comment: The pair surpassed 52.500 level and trades steady.

Supports and Resistances:

R3 56.785

R2 55.462

R1 54.567

PP 53.243

S1 52.348

S2 51.025

S3 50.129