USDJPY

USD/JPY pair came under fresh selling pressure and broke below the 112 level. Support stands at 112.00 and a fall through could take it to the next support level of 111.60. On the other side resistance stands at the aimed 112.65, and a rise through could challenge 113.50 resistance level.

USDJPY-20-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 111.55 111.82 112.12 112.39 112.69 112.96 113.26
WEEKLY 111.05 111.65 112.52 113.12 113.99 114.59 115.46
MONTHLY 110.53 111.42 112.44 113.33 114.35 115.24 116.26

EURUSD

EUR/USD found support at 1.1355 and rebounded near 1.1400 handle. Support stands at 1.1350, and a break below might indicate further downside movement towards the next support level of 1.1300. On the other side resistance stands at 1.1400, and a rise through could take it to the next resistance level of 1.1445. 

EURUSD-20-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1281 1.1323 1.1355 1.1397 1.1429 1.1471 1.1503
WEEKLY 1.1060 1.1164 1.1237 1.1341 1.1414 1.1518 1.1591
MONTHLY 1.0901 1.1058 1.1188 1.1345 1.1475 1.1632 1.1762

GBPUSD

GBP/USD continues to trade within the 1.2600 range, lifting to 1.2680 in early trading, suffering a hit and sliding to 1.2600 after UK inflation slumped to a two-year low. The pair is expected to find support at 1.2600 and a fall through could take it to the next support level of 1.2550. On the other side resistance stands at 1.2700, and a rise through could take it to the next resistance level of 1.2754.

GBPUSD-20-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2526 1.2567 1.2597 1.2638 1.2668 1.2709 1.2739
1 WEEKLY 1.2170 1.2323 1.2454 1.2607 1.2738 1.2891 1.3022
MONTHLY 1.2142 1.2433 1.2593 1.2884 1.3044 1.3335 1.3495

GOLD

Gold prices fell while the U.S. dollar also slipped after the U.S. Federal Reserve raised rates as expected. Short term support stands at 1232.00, and a fall through could take it to the next support level of 1216.00. On the other side resistance stands at 1251.00, and a rise through could take it to the next resistance level of 1257.00.

Gold-20-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1224.55 1234.95 1241.30 1251.70 1258.05 1268.45 1274.80
WEEKLY 1212.96 1224.73 1233.06 1244.83 1253.16 1264.93 1273.26
MONTHLY 1161.34 1181.87 1203.94 1224.47 1246.54 1267.07 1289.14