USDJPY

USD/JPY has opened on the offer in thin holiday markets without a bid which may result in further slides in the upcoming sessions ahead before traders head off from Christmas Eve celebrations in most financial centers. Support stands at 111.00 and a fall through could take it to the next support level of 110.70. On the other side resistance stands at the aimed 111.50, and a rise through could challenge 112.00 resistance level.

USDJPY-24-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 110.72 110.84 110.95 111.07 111.18 111.30 111.41
WEEKLY 107.45 109.13 110.17 111.85 112.89 114.57 115.61
MONTHLY 110.53 111.42 112.44 113.33 114.35 115.24 116.26

EURUSD

EUR/USD seeking 1.1400 despite overly-cautious markets. Support stands at 1.1350, and a break below might indicate further downside movement towards the next support level of 1.1320. On the other side resistance stands at 1.1400, and a rise through could take it to the next resistance level of 1.1420. 

EURUSD-24-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1352 1.1357 1.1365 1.1370 1.1378 1.1383 1.1391
WEEKLY 1.1095 1.1197 1.1283 1.1385 1.1471 1.1573 1.1659
MONTHLY 1.0901 1.1058 1.1188 1.1345 1.1475 1.1632 1.1762

GBPUSD

GBP/USD knocking on resistance-heavy door just below 1.2700. The pair is expected to find support at 1.2620 and a fall through could take it to the next support level of 1.2600. On the other side resistance stands at 1.2680, and a rise through could take it to the next resistance level of 1.2700.

GBPUSD-24-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2635 1.2638 1.2645 1.2648 1.2655 1.2658 1.2665
WEEKLY 1.2425 1.2497 1.2564 1.2636 1.2703 1.2775 1.2842
MONTHLY 1.2142 1.2433 1.2593 1.2884 1.3044 1.3335 1.3495

GOLD

Gold sees descending broadening wedge breakout ahead of Fed. Short term support stands at 1253.00, and a fall through could take it to the next support level of 1245.00. On the other side resistance stands at 1264.00, and a rise through could take it to the next resistance level of 1270.00.

Gold-24-12-2018

TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1259.14 1259.82 1260.99 1261.67 1262.84 1263.52 1264.69
WEEKLY 1210.66 1225.03 1241.56 1255.93 1272.46 1286.83 1303.36
MONTHLY 1161.34 1181.87 1203.94 1224.47 1246.54 1267.07 1289.14