Wednesday's Forecast : EUR/USD, GBP/USD, Gold, Crude Oil

 | Dec 20, 2017 03:31AM ET

h2 DAILY FORECASTh2 EUR/USD/h2

The market is trading along a sideways trend between support 1.1722 and resistance 1.1793, where uptrend will start as soon as the market rises above resistance level 1.1793, which will be followed by a move up to resistance level 1.1905.

A downtrend will start as soon, as the market drops below support level 1.1722, which will be followed by a move down to support level 1.1643.

h2 GBP/USD/h2

The market is trading along a sideways trend between support 1.3284 and resistance 1.3376, where uptrend will start as soon as the market rises above resistance level 1.3376, which will be followed by a move up to resistance level 1.3284.

A downtrend will start as soon, as the market drops below support level 1.3284, which will be followed by a move down to support level 1.3188.