Navigate the Financial Wilderness!
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Nasdaq 100 Wave Analysis 23 December 2024

– Nasdaq 100 reversed from strong support level 21000.00 – Likely to rise to resistance level 22000.00 Nasdaq 100 index recently reversed up from the strong support level 21000.00 (former resistance from the start of November), intersecting with the support.

Nasdaq 100 Wave Analysis 23 December 2024
USDJPY Wave Analysis 23 December 2024

– USDJPY reversed from key support level 156.35 – Likely to rise to resistance level 158.00 USDJPY currency pair recently reversed up from the key support level 156.35 (former resistance from November, acting as she support after it was broken.

US indices: has the bullish trend broken?

The recent declines in US indices may have broken the bullish trend, indicated by technical signals. The S&P500 and Nasdaq100 are still fighting to maintain their upward trends. The overall outlook will become clearer by the end of the year.

Dollar: Slowing Momentum, Same Direction

The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed monetary policy. This short-term effect is unlikely to change the direction of the dollar's trend.

Market Overview

US indices: has the bullish trend broken?
US indices: has the bullish trend broken?
Dollar: Slowing Momentum, Same Direction
Dollar: Slowing Momentum, Same Direction
The US dollar ends the year on a strong note
The US dollar ends the year on a strong note
Crypto Review

Bitcoin Fell Back to Local Support
Bitcoin Fell Back to Local Support

Bitcoin finds support near the 50-day moving average, but further declines in the stock market could trigger a deeper pullback. Analysts expect a potential dip into the $70k area but see a pullback to $90k attracting buyers.

How deep will crypto dive?
How deep will crypto dive?

The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin is struggling, and there are concerns about a deeper correction. However, despite this, the outlook for the future remains positive.

Bitcoin tests $100K again
Bitcoin tests $100K again

Market picture The cryptocurrency market lost 3% in 24 hours amid a sell-off in financial markets following comments from the Federal Reserve. Capitalisation fell to $3.51 trillion, and at the low it dipped below $3.48 trillion – its lowest in.

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Technical analysis

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Nasdaq 100 Wave Analysis 23 December 2024
Nasdaq 100 Wave Analysis 23 December 2024

– Nasdaq 100 reversed from strong support level 21000.00 – Likely to rise to resistance level 22000.00 Nasdaq 100 index recently reversed up from the strong support level 21000.00 (former resistance from the start of November), intersecting with the support.

USDJPY Wave Analysis 23 December 2024
USDJPY Wave Analysis 23 December 2024

– USDJPY reversed from key support level 156.35 – Likely to rise to resistance level 158.00 USDJPY currency pair recently reversed up from the key support level 156.35 (former resistance from November, acting as she support after it was broken.

EURCHF Wave Analysis 20 December 2024
EURCHF Wave Analysis 20 December 2024

– EURCHF falling inside minor impulse wave 5 – Likely to fall to support level 0.9250 EURCHF currency pair continues to fall inside the minor impulse wave 5, which started earlier from the  pivotal resistance level 0.9430 (standing well above.

USDCHF Wave Analysis 20 December 2024
USDCHF Wave Analysis 20 December 2024

– USDCHF reversed from resistance zone – Likely to fall to support level 0.8860 USDCHF currency pair recently reversed down from the strong resistance zone located between the round resistance level 0.90000 (which has been reversing the pair from the.

EURGBP Wave Analysis 19 December 2024
EURGBP Wave Analysis 19 December 2024

– EURGBP reversed from support zone – Likely to rise to resistance level 0.8300 EURGBP currency pair recently reversed up from the support zone located between the key support level 0.8225 (which stopped the previous minor impulse wave i) and.

EURJPY Wave Analysis 19 December 2024
EURJPY Wave Analysis 19 December 2024

– EURJPY broke resistance zone – Likely to rise to resistance level 165.00 EURJPY currency pair recently broke the resistance zone located between the key resistance level 162.00 (which stopped the previous minor wave 2) and the 50% Fibonacci correction.

NZDUSD Wave Analysis 18 December 2024
NZDUSD Wave Analysis 18 December 2024

– NZDUSD broke long-term support level 0.5770 – Likely to fall to support level 0.5500 NZDUSD currency pair earlier broke below the long-term support level 0.5770 (which acted as the lower border of the weekly sideways price range inside which.

Gold Wave Analysis 18 December 2024
Gold Wave Analysis 18 December 2024

– Gold under bearish pressure – Likely to fall to support level 2555.00 Gold under the bearish pressure after the earlier breakout of the key support level 2617,00 (which is the lower border of the sideways price range inside which.

Apple Wave Analysis 17 December 2024
Apple Wave Analysis 17 December 2024

– Apple rising inside impulse wave 3 – Likely to reach resistance level 260.00 Apple continues to rise inside the accelerated impulse wave 3, which previously broke the resistance zone located between the resistance level 242.00 and the resistance trendline.

EURGBP Wave Analysis 17 December 2024
EURGBP Wave Analysis 17 December 2024

– EURGBP reversed from resistance level 0.8300 – Likely to fall to support level 0.8225 EURGBP currency pair recently reversed down from the key resistance level 0.8300 (former strong support from October) intersecting with the 61.8% Fibonacci correction of the.

USDCAD Wave Analysis 16 December 2024
USDCAD Wave Analysis 16 December 2024

– USDCAD reversed from support zone – Likely to rise to resistance level 1.4300. USDCAD currency pair recently reversed up pivotal support level 1.4140, former resistance level which reversed the price sharply at the end of November. The upward reversal.

AUDUSD Wave Analysis 16 December 2024
AUDUSD Wave Analysis 16 December 2024

– AUDUSD reversed from support zone – Likely to rise to resistance level 0.6400 AUDUSD currency pair recently reversed up from the support area set between the strong support level 0.6350 (which has been reversing the price from 2023, lower.

EURGBP Wave Analysis 13 December 2024
EURGBP Wave Analysis 13 December 2024

– EURGBP reversed from support zone – Likely to rise to resistance level 0.8350 EURGBP currency pair recently reversed up from the support area set between the long-term support level 0.8210 (former support from the start of 2022) and the.

USDJPY Wave Analysis 13 December 2024
USDJPY Wave Analysis 13 December 2024

– USDJPY reversed from support zone – Likely to rise to resistance level 156.35 USDJPY currency pair recently reversed up from the support zone located between the key support level 149.20 (former low of wave ii from the middle of.

GBPUSD Wave Analysis 12 December 2024
GBPUSD Wave Analysis 12 December 2024

– GBPUSD reversed from resistance level 1.2780 – Likely to fall to support level 1.2635 GBPUSD currency pair recently reversed down sharply from the resistance level 1.2780 (which reversed the price for the last 5 consecutive trading sessions) standing close.

GBPAUD Wave Analysis 12 December 2024
GBPAUD Wave Analysis 12 December 2024

– GBPAUD reversed from resistance zone – Likely to fall to support level 1.9800 GBPAUD currency pair recently reversed down sharply from the resistance area between the upper daily Bollinger Band, key resistance level 2.0045 (former multi-month high from April).

EURUSD Wave Analysis 11 December 2024
EURUSD Wave Analysis 11 December 2024

– EURUSD reversed from resistance zone – Likely to fall to support level 1.0450 EURUSD currency pair recently reversed down with the long-legged Doji from the resistance area between the upper daily Bollinger Band, pivotal resistance level 1.0610 (former multi-month.

GBPCAD Wave Analysis 11 December 2024
GBPCAD Wave Analysis 11 December 2024

– GBPCAD reversed from strong resistance zone – Likely to fall to support level 1.8000 GBPCAD currency pair recently reversed down from the strong resistance zone located at the intersection of the upper daily Bollinger Band and the key resistance.

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Brokers News

Thanksgiving Market Alert
Thanksgiving Market Alert

Take note on changes in trading schedule during US Thanksgiving Day.

Nvidia Joins the Dow Jones, Replacing Intel in a Major Shift for the Chip Industry
Nvidia Joins the Dow Jones, Replacing Intel in a Major Shift for the Chip Industry

Nvidia stock will replace Intel in the Dow Jones Industrial Average Index starting from Nov 8th.

US Election Trading Conditions 2024
US Election Trading Conditions 2024

The U.S. election takes place on November 5th, 2024, and markets are expected to experience heightened volatility. Any changes to trading conditions during this period will be updated on this page. Current Status: Normal trading conditions remain in effect.

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Brexit

Brexit reality stokes fears for the peace in Northern Ireland
Brexit reality stokes fears for the peace in Northern Ireland

The deep anger among some pro-British unionists in Northern Ireland over post-Brexit trade barriers that cut it off from the rest of the United Kingdom is emblazoned along the road from Belfast to the mainly Protestant port town of Larne..

Pound Optimism Fades Along With Brexit Glow for Asset Managers
Pound Optimism Fades Along With Brexit Glow for Asset Managers

The pound’s Brexit deal honeymoon looks well and truly over, with the currency off to the worst start to the year among its Group-of-10 peers. Allianz Global Investors has taken a short position on sterling against the euro, citing the.

The Brexit deal leaves the future uncertain for financial services — here’s what is at stake
The Brexit deal leaves the future uncertain for financial services — here’s what is at stake

Britain formally left the European Union’s trade bloc on Dec. 31, marking a new era for the U.K.-EU relationship. After months of wrangling, new rules for trade were finally agreed just days before the year-end deadline. But in a document.

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