USDJPY

USD/JPY is seen extending the retreat below the 113.50 level having travelled between a narrow 113.49-113.67 range in a quiet start to the last trading day of the week in Asia. Support stands at 113.00 level and a break through might lead to 112.50 region. On the flipside, a break above the 113.50 area will expose 114.00 region.
USDJPY-14-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 112.91 113.10 113.33 113.52 113.75 113.94 114.17
WEEKLY 110.38 111.30 111.30 112.94 113.66 114.58 115.30
MONTHLY 110.53 111.42 112.44 113.33 114.35 115.24 116.26

EURUSD

EUR/USD is trading in the mid-1.1300s, little changed as ECB President Draghi stressed downside risks. A break below the 1.1345 support level could drag the pair back towards 1.1300 region. On the flipside, the pair is facing resistance near the 1.1375 and a move above that level clear the path for more gains towards the 1.1400 and 1.1500 resistance levels.

EURUSD-14-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1271 1.1301 1.1332 1.1362 1.1393 1.1423 1.1454
WEEKLY 1.1203 1.1257 1.1317 1.1371 1.1431 1.1485 1.1545
MONTHLY 1.0901 1.1058 1.1188 1.1345 1.1475 1.1632 1.1762

GBPUSD

GBP/USD is trading around 1.2620, down on the day. UK PM May was rebuffed in her efforts to secure concessions on the Irish backstop in the EU Summit as the Brexit saga continue. A break below the 1.2600 handle could drag the pair back towards 1.2545 and 1.2500 region. On the flipside, the pair is facing resistance near the 1.2680 and a move above that level clear the path for more gains towards the 1.2700 resistance level.

GBPUSD-14-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2538 1.2574 1.2614 1.2650 1.2690 1.2726 1.2766
WEEKLY 1.2463 1.2561 1.2645 1.2743 1.2827 1.2925 1.3009
MONTHLY 1.2142 1.2433 1.2593 1.2884 1.3044 1.3335 1.3495

GOLD

Gold prices break below the support level 1243 on the ascending triangle pattern and heading towards 1236 key support level. A break below that level might lead the precious metal could take it the weekly lows at 1220. On the other side resistance stands at 1250.79, and a rise through could take it to the next resistance level of 1264.
Gold-14-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1236.51 1240.48 1243.56 1247.53 1250.61 1254.58 1257.66
WEEKLY 1205.00 1215.80 1215.80 1245.00 1263.40 1274.20 1292.60
MONTHLY 1161.34 1181.87 1203.94 1224.47 1246.54 1267.07 1289.14