USD/JPY

USD/JPY is currently trading at 107.75, up on the day. Japan’s Industrial Production joined downbeat employment data for May, pushing the yen down. Market sentiment remains mildly positive following upbeat US data. USD/JPY could find support at 107.55 and a fall through may take it further to the support level of 107.34. On the other side, resistance could stand at 107.92, and a rise through may take it to the next resistance level of 108.11.
USDJPY-30-06-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 106.25 106.65 107.11 107.50 107.96 108.35 108.81
1 WEEK 104.98 105.53 106.38 106.92 107.77 108.31 109.16
1 MONTH 104.38 105.18 106.49 107.29 108.60 109.40 110.71

EURUSD

EUR/USD is down to 1.1210, as the dollar is keeping firmer with the risk mood keeping softer. However, the upbeat China manufacturing purchasing managers’ index released early Tuesday could keep the global equities better bid and reduce the haven demand for the US dollar. EUR/USD could find support at 1.1188 and a fall through may take it further to the support level of 1.1171. On the other side, resistance could stand at 1.1225, and a rise through may take it to the next resistance level of 1.1242.
EURUSD-30-06-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.1136 1.1176 1.1209 1.1249 1.1282 1.1322 1.1354
1 WEEK 1.0960 1.1064 1.1142 1.1246 1.1324 1.1428 1.1506
1 MONTH 1.0482 1.0624 1.0862 1.1004 1.1242 1.1384 1.1622

GBPUSD

GBP/USD is trading below 1.2300 in the early European open on Tuesday. The Cable dropped to the lowest since May 28 the previous day after traders rushed to the US Dollar and Brexit negations offered a bump in the start. GBP/USD could find support at 1.2246 and a fall through may take it further to the support level of 1.2213. On the other side, resistance could stand at 1.2308, and a rise through may take it to the next resistance level of 1.2340.
GBPUSD-30-06-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1.2096 1.2174 1.2235 1.2313 1.2375 1.2452 1.2514
1 WEEK 1.2021 1.2167 1.2251 1.2397 1.2481 1.2627 1.2711
1 MONTH 1.1552 1.1814 1.2080 1.2341 1.2607 1.2868 1.3135

GOLD

Gold consolidates in a familiar range around $1770, despite a lift in the risk sentiment, underpinned by upbeat Chinese data. The yellow metal received additional boost from rising U.S.-Sino tensions after China’s National People’s Congress Standing Committee passed national security laws for Hong Kong and Macau earlier in the day. Gold could find support at 1,765.80 and a fall through may take it further to the support level of 1,759.30. On the other side, resistance could stand at 1,777.10, and a rise through may take it to the next resistance level of 1,788.90.
Gold-30-06-2020

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
1 DAY 1761.10 1768.80 1775.00 1782.70 1788.90 1796.60 1802.80
1 WEEK 1714.56 1734.03 1757.16 1776.63 1799.76 1819.23 1842.36
1 MONTH 1594.60 1635.50 1693.60 1734.50 1792.60 1833.50 1891.60