24 Dec: US$, stocks rangebound against Europeans, firmer against commodity bloc currencies.

By | December 23, 2016

The US$ has been mixed again on Thursday, rangebound against the EU majors (although firm gains Cable), while remaining firm against the commodity bloc currencies. In terms of data the US initial jobless claims rose to 274k above expectation of 255k while the Durable Goods Orders fell by -4.6% mm in November, slightly better than expectation of -4.7%. The Q3 GDP was finalised at 3.5% annualised (exp 3.3%) while the GDP price index at 1.4%, as expected. Oil was higher, after an early dip, on the back of the solid US data, while the metals were heavy due to the prospects of a higher dollar

This is the last, and limited, update until 3 January when we will be operating on a reduced service until Monday 9 Jan. From 3 Jan though, we will be on a new web address,  www.fxcharts.net with a revamped website and plenty of new ideas to assist you with your trading. Until then, have a safe and happy Christmas.

CURRENCIES
EURUSD: 1.0433
Res  1.0470  1.0500  1.0525
Sup  1.0400  1.0380  1.0350
USDJPY: 117.61
Res  117.90  118.25  118.65
Sup  117.25  117.00  116.70
GBPUSD: 1.2285
Res  1.2310  1.2345  1.2390
Sup  1.2205  1.2255  1.2170
USDCHF: 1.0256
Res  1.0290  1.0320  1.0345
Sup  1.0215  1.0200  1.0170
AUDUSD: 0.7202
Res  0.7230  0.7260  0.7280
Sup  0.7185  0.7165  0.7145
NZDUSD: 0.6896
Res  0.6930  0.6950  0.6990
Sup  0.6880  0.6850  0.6820
INDICES / COMMODITIES
S+P: 2257
Res  2262  2268  2278
Sup  2252  2246  2240
DJI: 19866
Res  19900  19965  20000
Sup  19825  19790  19740
ASX SPI: 5614
Res  5630  5640  5660
Sup  5600  5590  5560
GOLD: 1128
Res  1142  1150  1166
Sup  1122  1110  1100
SILVER: 15.78
Res  16.00  16.20  16.40
Sup  15.65  15.50  15.35
OIL (WTI): 52.92
Res  53.20  53.75  54.55
Sup  52.35  51.70  51.15

 

The post 24 Dec: US$, stocks rangebound against Europeans, firmer against commodity bloc currencies. appeared first on FX Charts Daily.