USD/JPY

USD/JPY was seemed unaffected by the Bank of Japan’s latest decision to keep key monetary policy tools unchanged. As of writing, USD/JPY is trading largely unchanged on the day near 107.21, however the anti-risk yen could face selling pressure due to the uptick in the stock markets. USD/JPY could find support at 107.08 and a fall through may take it further to the support level of 106.92. On the other side, resistance could stand at 107.33, and a rise through may take it to the next resistance level of 107.51.
USDJPY-15-07-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 106.77 106.94 107.10 107.27 107.43 107.60 107.75
1 WEEK 105.25 105.94 106.42 107.11 107.58 108.28 108.75
1 MONTH 102.25 104.16 106.04 107.95 109.83 111.74 113.62

EURUSD

EUR/USD is trading around 1.1410 as investors are encouraged by Moderna’s progress toward a coronavirus vaccine. The pair built on its recent positive momentum and moved back above the 1.1400 round-figure mark for the first time since June 11. Uncertainty about the EU Fund and US COVID-19 cases are in play. EUR/USD could find support at 1.1387 and a fall through may take it further to the support level of 1.1356. On the other side, resistance could stand at 1.1430, and a rise through may take it to the next resistance level of 1.1462.
EURUSD-15-07-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.1260 1.1292 1.1345 1.1377 1.1430 1.1462 1.1514
1 WEEK 1.1105 1.1172 1.1236 1.1304 1.1368 1.1436 1.1500
1 MONTH 1.0749 1.0922 1.1077 1.1250 1.1405 1.1578 1.1732

GBPUSD

GBP/USD is trading closer to 1.26 after UK CPI beat expectations with 0.6% YoY. The pound is benefiting from British fiscal stimulus and the safe-haven dollar is down on coronavirus vaccine hopes. GBP/USD could find support at 1.2575 and a fall through may take it further to the support level of 1.2556. On the other side, resistance could stand at 1.2617, and a rise through may take it to the next resistance level of 1.2639.
GBPUSD-15-07-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.2410 1.2445 1.2499 1.2533 1.2587 1.2621 1.2675
1 WEEK 1.2286 1.2373 1.2497 1.2584 1.2709 1.2795 1.2920
1 MONTH 1.1602 1.1927 1.2164 1.2489 1.2727 1.3051 1.3289

GOLD

Gold consolidates the recent pullback well above the $1800 mark, as the coronavirus vaccine hopes boost the equities and downs the greenback. Gold could find support at 1,800.00 and a fall through may take it further to the support level of 1,793.60. On the other side, resistance could stand at 1,810.60, and a rise through may take it to the next resistance level of 1,815.10.
Gold-15-07-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1774.10 1782.60 1798.00 1806.50 1821.90 1830.40 1845.80
1 WEEK 1726.86 1753.03 1777.46 1803.63 1828.06 1854.23 1878.66
1 MONTH 1581.41 1626.63 1713.56 1758.78 1845.71 1890.93 1977.86