USD/JPY

USD/JPY is reversing a dip from 107.03 in the early European session, after Japan’s inflation data flashed mixed results on Friday. In doing so, the quote has printed losses for the first time in three days. Other than the mixed CPI figures, sluggish risk-tone could also be cited as a reason for the pair’s downbeat performance. USD/JPY could find support at 106.92 and a fall through may take it further to the support level of 106.74. On the other side, resistance could stand at 107.25, and a rise through may take it to the next resistance level of 107.41.
USDJPY-26-06-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 106.50 106.74 106.98 107.22 107.45 107.70 107.93
1 WEEK 105.51 106.09 106.48 107.06 107.45 108.03 108.43
1 MONTH 104.38 105.18 106.49 107.29 108.60 109.40 110.71

EURUSD

EUR/USD is trading above 1.12 ahead of a speech by ECB President Lagarde and US data such as Core PCE Price Index. Concerns about the surge in US coronavirus cases and the Fed’s warnings about the resilience of banks is weighing on market sentiment. EUR/USD could find support at 1.1190 and a fall through may take it further to the support level of 1.1172. On the other side, resistance could stand at 1.1234, and a rise through may take it to the next resistance level of 1.1256.
EURUSD-26-06-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.1114 1.1152 1.1185 1.1223 1.1256 1.1294 1.1327
1 WEEK 1.0927 1.1047 1.1113 1.1233 1.1298 1.1419 1.1484
1 MONTH 1.0482 1.0624 1.0862 1.1004 1.1242 1.1384 1.1622

GBPUSD

GBP/USD is trading above 1.24 but remained in a range. Tensions between the EU and the UK prevail ahead of face-to-face talks next week and are weighing on the pound. Other than the Brexit woes, COVID-19 is also probing the pair’s momentum. GBP/USD could find support at 1.2382 and a fall through may take it further to the support level of 1.2347. On the other side, resistance could stand at 1.2446, and a rise through may take it to the next resistance level of 1.2475.
GBPUSD-26-06-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.2306 1.2347 1.2383 1.2424 1.2460 1.2501 1.2536
1 WEEK 1.1892 1.2118 1.2238 1.2463 1.2583 1.2808 1.2928
1 MONTH 1.1552 1.1814 1.2080 1.2341 1.2607 1.2868 1.3135

GOLD

Gold stalled once again near the $1,766 region, as the Asian stocks rallied, tracking the late gains on Wall Street, which dulled the allure of the safe haven. Reversing from higher levels, the yellow metal is trading at $1,760, above the daily low of $1,756.90, at the time of writing. Gold could find support at 1,753.50 and a fall through may take it further to the support level of 1,747.70. On the other side, resistance could stand at 1,765.60, and a rise through may take it to the next resistance level of 1,771.40.
Gold-26-06-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1747.76 1755.93 1763.26 1771.43 1778.76 1786.93 1794.26
1 WEEK 1664.46 1685.33 1719.16 1740.03 1773.86 1794.73 1828.56
1 MONTH 1594.60 1635.50 1693.60 1734.50 1792.60 1833.50 1891.60