Excellent upside potential, new high-profile defense contracts, and long-term revenue prospects amid rising global defense spending stand out. More gains ahead for Northrop Grumman?
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.
Most Recent
EUR/USD stays bullish but range-bound near 1.18 amid thin holiday liquidity, with support at 1.1690 and resistance at 1.1840 as traders await clearer momentum.
Gold remains strongly bullish after record highs above $4,500, supported by geopolitical risks and rate-cut hopes, with limited selling pressure despite holiday
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EUR/USD shows cautious bullish momentum near 1.1800, but thin holiday liquidity and mixed US data may limit follow-through without a confirmed breakout.
Gold breaks above $4,500 to a new record high, driven by US dollar weakness, escalating geopolitical tensions, and expectations of future interest rate cuts.
USD/ILS slips into lower territory below 3.20, reflecting sustained Israeli shekel strength while holiday-thinned liquidity urges trader caution.
USD/MYR continues its bearish trajectory toward the 4.00 level, driven by sustained ringgit strength, weakening USD sentiment, and very thin holiday trading volumes.
The Canadian dollar extends gains as USD/CAD breaks key support, with downside risk toward 1.3550 while broader US dollar weakness remains the main driver.
The British pound extends gains against the US dollar, with 1.35 acting as a key pivot and upside toward 1.37 if dollar weakness continues.
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The Nasdaq 100 may see short-term choppiness and mild pullbacks, but strong support and mega-cap leadership continue to favor upside.
Apple remains in a strong uptrend, with holiday-thinned pullbacks attracting buyers as AI exposure and consumer demand support higher prices.
The US dollar is stabilizing against the yen, with positive carry and holiday-thinned liquidity likely to keep USD/JPY range-bound into year-end.
Gold remains in a powerful uptrend, with traders favoring buy-the-dip strategies as long-term momentum points toward new record highs.
A rising military satellite market, an industry-leading R&D division, and an expanding order book support this defense behemoth. More upside ahead for Lockheed Martin?
Solid same-store sales growth, excellent profit margins, and operational resilience provide a floor under the post-earnings sell-off. Should you buy the dip in AutoZone?