USD/JPY

USD/JPY is trading at 106.17 with the pair moving higher from 106.05 the session lows. The yen is in focus for the sessions ahead, as markets get set for the US jobs numbers. On Wall Street, there was a sharp drop in stocks, weighed by weakness in the technology sector. USD/JPY could find support at 106.00 and a fall through may take it further to the support level of 105.85. On the other side, resistance could stand at 106.32, and a rise through may take it to the next resistance level of 106.51.
USDJPY-04-09-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 105.37 105.68 105.93 106.25 106.50 106.82 107.07
1 WEEK 102.94 104.07 104.70 105.83 106.47 107.59 108.23
1 MONTH 103.02 104.06 104.98 106.02 106.94 107.98 108.90

EURUSD

EUR/USD seems to have detained its slide for now, and currently it seems side-lined at 1.1841, ahead of US Nonfarm Payrolls. A below-forecast payrolls figure is possible to yield a notable dollar sell-off. EUR/USD could find support at 1.1819 and a fall through may take it further to the support level of 1.1792. On the other side, resistance could stand at 1.1862, and a rise through may take it to the next resistance level of 1.1883.
EURUSD-04-09-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.1726 1.1757 1.1802 1.1834 1.1879 1.1911 1.1956
1 WEEK 1.1645 1.1704 1.1804 1.1862 1.1962 1.2020 1.2120
1 MONTH 1.1495 1.1595 1.1765 1.1866 1.2036 1.2137 1.2307

GBPUSD

GBP/USD continues to drop for a second day and wavers below 1.3300 while into the early European open on Friday. In doing so the Cable seesaws near the weekly bottom and seems to ignore Brexit woes and tax hikes ahead of the key US NFP. GBP/USD could find support at 1.3244 and a fall through may take it further to the support level of 1.3223. On the other side, resistance could stand at 1.3305, and a rise through may take it to the next resistance level of 1.3326.
GBPUSD-04-09-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.3112 1.3177 1.3228 1.3293 1.3344 1.3409 1.3460
1 WEEK 1.2843 1.2947 1.3149 1.3253 1.3454 1.3559 1.3760
1 MONTH 1.2687 1.2834 1.3102 1.3249 1.3517 1.3664 1.3933

GOLD

Gold has pulled back from the recent troughs amid a sharp sell-off in the global markets. The bounce, however, lacks follow-through, as the traders remain on the side-lines ahead of the critical US Non-farm payrolls data. Gold could find support at 1,925.70 and a fall through may take it further to the support level of 1,918.20. On the other side, resistance could stand at 1,942.90, and a rise through may take it to the next resistance level of 1,949.30.
Gold-04-09-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1895.06 1911.13 1924.46 1940.53 1953.86 1969.93 1983.26
1 WEEK 1847.94 1878.17 1926.54 1956.77 2005.14 2035.37 2083.74
1 MONTH 1676.10 1776.30 1877.45 1977.65 2078.80 2179.00 2280.15