Platinum: ⬇️ Sell Platinum reversed from strong resistance zone Likely to fall to support level 1600.00 Platinum recently reversed down from the strong resistance zone located between the resistance level 1722.00 (which stopped the pervious impulse wave 1), resistance level 1700.00 and the upper daily Bollinger Band. The downward reversal from this resistance zone is […]
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Catalysts for movements in the US Dollar have been confusing all types of Market Participants. Reaching new cycle highs during the longest ever US Government shutdown (43 days), the Greenback consequently fell as the government reopened, driven by dovish hopes for the December 10 FOMC meeting. Current yo-yos in the dollar are leaving traders in […]
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Both the Nasdaq and S&P 500 saw their first red month since April 2025 in what proved to be a highly volatile trading period. Up and down swings were a common theme as sentiment soured pre-US Government reopening before seeing a tentative improvement. A late-month stark rebound managed to erase most of the monthly losses, […]
The post US Stocks Stumble: Markets Catch a Cold to Start December appeared first on ActionForex.
The trend (as seen below) continues to show improvement in consumer sentiment, which is a positive takeaway for the BOJ. The detailed breakdown shows that:
This article was written by Justin Low at investinglive.com.
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