USD/JPY

USD/JPY is trading near 105.80 in the early hours of the European session on Wednesday. The pair has registered a one-week low at 105.78 in the past hour. USD/JPY could find support at 105.71 and a fall through may take it further to the support level of 105.58. On the other side, resistance could stand at 105.95, and a rise through may take it to the next resistance level of 106.08.
USDJPY-09-09-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 105.25 105.56 105.79 106.09 106.32 106.62 106.85
1 WEEK 104.24 104.77 105.50 106.03 106.77 107.29 108.03
1 MONTH 103.02 104.06 104.98 106.02 106.94 107.98 108.90

EURUSD

EUR/USD has been trading on the backfoot, currently at 1.1769. Dovish ECB expectations and risk-off likely to keep Eurozone bond yields under pressure. The US dollar remains strong near the monthly high and challenges to the market sentiment remain on the card. EUR/USD could find support at 1.1743 and a fall through may take it further to the support level of 1.1727. On the other side, resistance could stand at 1.1785, and a rise through may take it to the next resistance level of 1.1806.
EURUSD-09-09-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.1690 1.1727 1.1753 1.1791 1.1817 1.1855 1.1881
1 WEEK 1.1511 1.1646 1.1742 1.1877 1.1973 1.2108 1.2205
1 MONTH 1.1495 1.1595 1.1765 1.1866 1.2036 1.2137 1.2307

GBPUSD

GBP/USD has been trading below mid-1.2900 while into the European open on Thursday. The cable trades close to the lowest levels last seen in July. The fears of no-deal Brexit and recall of the coronavirus (COVID-19)-led restrictions weigh on the quote. GBP/USD could find support at 1.2879 and a fall through may take it further to the support level of 1.2852. On the other side, resistance could stand at 1.2978, and a rise through may take it to the next resistance level of 1.3010.
GBPUSD-09-09-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.2719 1.2849 1.2918 1.3049 1.3118 1.3249 1.3318
1 WEEK 1.2836 1.3006 1.3143 1.3143 1.3451 1.3620 1.3758
1 MONTH 1.2687 1.2834 1.3102 1.3249 1.3517 1.3664 1.3933

GOLD

Gold slipped on Wednesday as the U.S. dollar rose to multi-week highs ahead of monetary policy strategies from major central banks in North America and Europe taking clues from the equity markets. Prices of the ounce troy of Gold stick to the consolidative theme, still above the $1,900 mark, amidst rising open interest and volume. Gold could find support at 1,918.30 and a fall through may take it further to the support level of 1,911.50. On the other side, resistance could stand at 1,934.10, and a rise through may take it to the next resistance level of 1,940.30.
Gold-09-09-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1883.90 1897.80 1920.50 1934.40 1957.10 1971.00 1993.70
1 WEEK 1823.94 1872.77 1903.54 1952.37 1983.14 2031.97 2062.74
1 MONTH 1657.14 1765.67 1872.14 1980.67 2087.14 2195.67 2302.14