The NASDAQ 100 has done almost nothing during the Christmas Eve session as expected, because quite frankly most people won’t be bothered trading the E-mini contract.
The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
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Gold markets have exploded to the upside during the trading session on Tuesday as traders continue to take advantage of the massive breakout.
The US dollar did very little on Tuesday, which in and of itself wasn’t a major story considering that it was Christmas Eve, but looking at the longer-term chart you can see that we continue to see a lot of issues.
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The New Zealand dollar initially fell during Tuesday, but then turned around to form a bit of a hammer.
The Euro went back and forth during the trading session on Tuesday, as the Christmas Eve trading of course will have had very little in the way of volume.
The British pound has bounced just a bit during the trading session on Christmas Eve, as we are testing the middle of a bullish flag.
The Australian dollar has done very little during the trading session on Tuesday, but that in and of itself might be an important signal as well.
Ripple, the entity controlling the XRP token, secured a C-Round of funding worth $200 million.
Bearish momentum is expanding once again after the USD/CAD completed a breakout above its support zone.
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After UK Prime Minister announced plans to make an extension of the Brexit transition period past December 31st 2020 illegal, the British Pound entered a sharp sell-off.
As equity markets extended their Santa Clause rally, the risk-on mood led to capital outflows from the safe-haven Swiss Franc.
The US dollar has tried to rally initially during the trading session on Monday against the Japanese yen but then pulled back a bit to show signs of weakness.
The Euro has rallied nicely during the trading session and low-volume at the 50 day EMA to kick off the week for Monday.
The British pound suffered again during the trading session on Monday after initially trying to rally but found the area above the 1.30 level to be far too expensive.
The Christmas Eve session is shortened and basically electronic. There will be almost no volume in the markets.