USD/JPY

USD/JPY eases from the recently marked intraday high of 105.45 to 105.37 so far this Tuesday. The restart of the US treasury trading initially highlighted the risk-off mood with uncertainty over the American stimulus, US-China tussle and COVID-19 woes to be the latest catalysts. USD/JPY could find support at 105.27 and a fall through may take it further to the support level of 105.05. On the other side, resistance could stand at 105.47, and a rise through may take it to the next resistance level of 105.62.
USDJPY-13-10-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 104.40 104.82 105.05 105.47 105.70 106.12 106.36
1 WEEK 104.38 104.84 105.22 105.67 106.05 106.50 106.89
1 MONTH 101.55 102.77 104.10 105.33 106.66 107.89 109.22

EURUSD

EUR/USD drops below 1.1800 as Johnson and Johnson pauses coronavirus vaccine trials. Rising virus cases across the Eurozone pose downside risks to the EUR. Key support below 1.1787 may hold of the German data, due at 09:00 GMT, beat estimates. EUR/USD could find support at 1.1782 and a fall through may take it further to the support level of 1.1767. On the other side, resistance could stand at 1.1806, and a rise through may take it to the next resistance level of 1.1823.
EURUSD-13-10-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.1749 1.1767 1.1791 1.1809 1.1832 1.1851 1.1874
1 WEEK 1.1618 1.1662 1.1744 1.1788 1.1869 1.1914 1.1995
1 MONTH 1.1151 1.1382 1.1550 1.1781 1.1949 1.2180 1.2348

GBPUSD

GBP/USD snaps four-day run-up while flashing red around 1.3055 ahead of the UK jobs report. In addition to the US dollar’s recovery, mainly based on the risk-off mood, fears of hard Brexit and further lockdowns in Northern England also weigh. GBP/USD could find support at 1.3032 and a fall through may take it further to the support level of 1.3008. On the other side, resistance could stand at 1.3074, and a rise through may take it to the next resistance level of 1.3105.
GBPUSD-13-10-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.2938 1.2971 1.3018 1.3051 1.3098 1.3131 1.3177
1 WEEK 1.2705 1.2775 1.2911 1.2981 1.3117 1.3187 1.3323
1 MONTH 1.1761 1.2219 1.2567 1.3025 1.3374 1.3831 1.4180

GOLD

Gold is currently trading 0.21% lower on the day at $1,915 per ounce, having declined by 0.35% on Monday. For now, the metal is trading in the red, tracking the strength in the greenback. Gold could find support at 1,908.40 and a fall through may take it further to the support level of 1,902.20. On the other side, resistance could stand at 1,919.90, and a rise through may take it to the next resistance level of 1,928.20.
Gold-13-10-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1906.40 1915.10 1922.00 1930.70 1937.60 1946.30 1953.20
1 WEEK 1830.24 1853.67 1889.94 1913.37 1949.64 1973.07 2009.34
1 MONTH 1681.24 1766.62 1829.89 1915.27 1978.54 2063.92 2127.19