Daily Technical Report To : DOLLAR INDEX - EURUSD - GBPUSD - USDJPY - GOLD - USOIL - BTCUSD - DOWJONES - NASDAQ.

The yen rose on Tuesday as investors reacted to comments from a senior Japanese politician, adding pressure on the Bank of Japan to continue raising interest rates to strengthen the currency. The dollar and euro stabilized with the lack of economic data, while the Australian and New Zealand dollars suffered after a surprise interest rate cut in China. Senior ruling party official Toshimitsu Motegi said overnight that the Bank of Japan should more clearly signal its intention to normalize monetary policy, including steadily…

Crude oil prices fell on Monday following China's unexpected interest rate cut aimed at boosting the world's second-largest economy, but it had little effect on sentiment. By 06:40 Eastern Time, U.S. crude futures had fallen 0.3% to $78.37 a barrel, while Brent futures had dropped 0.3% to $82.39 a barrel. The People's Bank of China unexpectedly cut its benchmark lending rates to a new record low on Monday in an effort to support the country's struggling economy. The People's Bank of China cut the one-year loan prime rate…

Daily Technical Report To : NASDAQ.

Most Asian stocks declined on Monday amid uncertainty about what a potential change in administration in the United States might entail for the region. The unexpected interest rate cut in China did little to lift trader sentiment. While Wall Street futures initially rose after Biden's decision, they pared most of their gains in the Asian session. The prolonged decline in technology stocks also pressured Asian markets, as a mix of profit-taking and shifting to other sectors led to sharp losses in technology. In China, the…

Daily Technical Report To : DOLLAR INDEX - EURUSD - GBPUSD - USDJPY - GOLD - USOIL - BTCUSD - DOWJONES - NASDAQ.