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The euro steadies near $1.06 as France eases political fears, and the ECB plans rate cuts to tackle inflation, contrasting with the US Fed’s approach.

Article ► EURUSD Near 1.056 as Macron Plans Budgets

EURUSD-2024-12-09-11-42-19.png
 

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EURUSD bounced from 1.022. The primary trend is bearish. A Dip below the support at $1.028 can trigger the downtrend, targeting $1.022, followed by $1.01.

Article > EURUSD Bounced From 1.022: What's Next?
EURUSD-2025-01-06-09-07-39.png



EURJPY tests 162 resistance. A close above the immediate resistance at 162.8 can trigger the uptrend, targeting 163.8, followed by 165.0.

Article > EURJPY Tests 162 Resistance: Market Waits a Breakout



Crude oil prices for West Texas Intermediate (WTI) dipped below $74.4 a barrel on Monday, ending a streak of five days of increases.

Article > WTI Crude Slips From $74 as Dollar Strengthens
 

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AUDUSD Dipped From 0.631: Next Target?

AUDUSD dipped from 0.631, trading in a bear market. The outlook remains bearish as long as 0.631 resistance holds. In this scenario, the prices could retest at the December 2024 low of $0.618.

Article > https://fxnews.me/audusd-dipped-from-0-631/

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NZDUSD Shifted Above 0.563: Market Forecast

NZDUSD shifted above 0.563, trading mildly bullish. A close above the immediate resistance at $0.568 can trigger the uptrend, targeting $0.575.

Article > https://fxnews.me/nzdusd-shifted-above-0-563/

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USDCAD Bearish Momentum May Extend to 1.424

USDCAD stayed below 1.446 resistance and shifted under the 50-period SMA in yesterday’s trading session. If the 23.6% Fibonacci resistance level holds, the current downtick in momentum will likely extend to 1.424.

Article > https://fxnews.me/usdcad-bearish-momentum-may-extend-to-1-424/

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Momentum Shifts In USDCHF From 0.913

USD/CHF started dipping from 0.913, yet the prices stayed above the 100-period SMA. The market outlook is bullish, above 38.2% Fibonacci, targeting 0.913.

Article > https://fxnews.me/momentum-shifts-in-usdchf-from-0-913/
 

fxnews.me

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Dec 26, 2023
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