View full page at forexfactory.com

 

Mid-Week Technical Outlook: Major Currencies

From forextime.com

A sense of anticipation gripped financial markets today as investors prepared for the US inflation data on Thursday. Market players remain hopeful that inflation may have cooled further in December and this seems to be supporting global equity markets. In the currency space, the dollar remains firm while gold has struggled to conquer the $1880 resistance level. With less than 24 hours until the key US inflation report is published, markets may remain on standby waiting for a fundamental spark. Despite the expected lack of action over the next few hours, this period of calm could help identify some potential ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis