Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
2025 Market Outlook: Key January Events to Watch 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
FxWirePro- Woodies Pivot(Major) 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption 
US oil chart on Trading View used for analysis
- US oil is extending consolidation below 200-DMA, bias remains bearish.
- WTI price holds above $67 per barrel and we see further gains on retrace above 200-DMA.
- Markets remain wary about the recovery amid global economic growth concerns, ongoing US-China trade war and the European political woes.
- Technical indicators on intraday charts are neutral, but break above 200-DMA could see some bullishness.
- 5-DMA has turned north and retrace above 200-DMA eyes 110-EMA at 69 ahead of 55-EMA at 69.87.
- Rejection at 200-DMA could see continuation on downside. Next major bear target lies at 38.2% Fib at 64.94.
- Focus on the US core PCE data and weekly US fuel stocks report for the next direction in the prices.
Support levels - 66.93 (5-DMA), 66, 64.94 (38.2% Fib)
Resistance levels - 67.50 (200-DMA), 69 (110-EMA), 69.87 (55-EMA)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
