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Monday, December 2, 2024

Asia Market Movers | USDCAD moves up to retest the 100 hour MA and broken 38.2% retracement

AUDUSD falls with the gain in the USD today and finds support buyers near the 100 hour MA

The AUDUSD has faced persistent resistance at the falling 100-bar moving average (MA) on the 4-hour chart, attempting to break above it three times over the past five trading days. Each attempt, inclu... 

tranche

USDCAD moves up to retest the 100 hour MA and broken 38.2% retracement

The USDCAD is climbing higher at the start of the new trading week, supported by the USD's upward momentum. The pair is approaching two significant technical levels: the 100-bar moving average (MA) on... 

Netanyahu: Conditions are ready after the end of the war in the north, to deal wi. Gaza

Geropolitics. Isreals Netanyahu told a mother of a hostage: Conditions are ready after the end of the war in the north to complete a deal in Gaza Netanyahu held a security discussion iwth the aim of r... 

China's Caixan S&P Global Manufacturing PMI 51.5 vs 50.3 in October

Prior month 50.3 Manufacturing PMI 51.5 vs 50.5 estimate Highest level since June 2024 when the index reached 51.8... 

HKs Hang Seng index set to open up 0.1%

Hong Kongs Hang Seng index is expected to open up 0.1% at 19,442.31 China's CSI300 is set to open down -0.2% while China's Shanghai composite index is set to open up 0.1%... 

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December forex seasonals: What's hot, cold and gold in the month of December

The hours of November trading are ticking down but jingle bells are ringing in the distance. That means that December trading is on the way and it's the most wonderful time of the year for bulls. Risk... 

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