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Just a post noting this data release.

Japanese Household Spending +6.2% m/m

• expected +2.7%, prior -3.5%

I'll be back with detail in a separate post.

ADDED, here it is to check out:

• Japan household spending rebounds while real wages still lag, complicates BOJ outlook

NZDCAD: ⬆️ Buy – NZDCAD reversed from support zone – Likely to rise to resistance level 0.8025 NZDCAD cryptocurrency recently reversed from the support zone between the long-term support level 0.7850 (which has been reversing the price from April) and.

Introduction to USDJPY The USDJPY currency pair, often nicknamed the “Gopher,” represents the exchange rate between the US Dollar and the Japanese Yen—two of the most traded currencies globally. This pair is a key indicator of market sentiment regarding the US and Japanese economies. USD-JPY is known for its liquidity and volatility, often reacting sharply […]

The post USD/JPY Analysis: Alligator and DMI Signal Strength appeared first on UnitedPips Ltd.

Crude Oil Moderately Lower on Trump Venezuela Optimism; Trump Threatens Colombia, Cuba, Greenland; BoJ Makes Hike Threat to Prop Up Yen; US Dollar Stronger; Precious Metals, Stocks Get Bump

The US launched military operations in Venezuela and captured President Nicolas Maduro and his wife.

Images from the country showed multiple strikes and fires. US President Trump announced that Madura was captured.

An executive from state oil company PDVSA said the La Guaira port was severely damaged but that oil facilities were unscathed. Trump

We will wait to hear what Trump has to say about the plans for what comes next but in December he talked about the 2007 seizure of some assets from American oil companies and that his intention was "getting land, oil rights, whatever we had" returned.

"They took it away because we had a president that maybe wasn't watching. But they're not going to do that again."

"We want it back," he said. "They took our oil rights — we had a lot of oil there. As you know they threw our companies out, and we want it back."

Russia responded to the reports saying that if actions took place "constitute an unacceptable violation of the sovereignty of an independent state".

US Senator Mike Lee said he spoke with Secretary of State Marco Rubio who said "Maduro has been arrested by US personnel to stand trial on criminal charges in the United States, and that the kinetic action we saw tonight was deployed to protect and defend those executing the arrest warrant."

The EU foreign affairs representative Kaja Kallas said:

I have spoken with Secretary of State Marco Rubio and our Ambassador in Caracas. The EU is closely monitoring the situation in Venezuela. The EU has repeatedly stated that Mr Maduro lacks legitimacy and has defended a peaceful transition. Under all circumstances, the principles of international law and the UN Charter must be respected. We call for restraint. The safety of EU citizens in the country is our top priority.

For markets, this might be a short-lived event but that could change quickly depending on how Venezuela responds. My guess is that America had local help and there is some kind of coup underway, otherwise Maduro will be replaced by deputies.

In terms of markets, Venezuela has massive oil reserves but its production and exports are less than 1 million barrels per day and have been disrupted recently anyway.

What could be more concerning is the message this sends in Latin America and how China and Russia respond.

EURJPY: ⬆️ Buy – EURJPY reversed from support area – Likely to rise to resistance level 184.85 EURJPY currency pair recently reversed from the support area between the pivotal support level 183.25 (former resistance from the start of December) and.

  Looking Ahead to 2026 High Hopes for 2026. As 2025 comes to a close, financial markets typically shift into year-end positioning, guided by a...

The post Looking Ahead to 2026: More Questions Than Answers for Markets and Policy appeared first on Forex Trading Forum.

Silver: ⬆️ Buy – Silver broke round resistance level 70.00 – Likely to rise to resistance level 75.00 Silver continues to rise after the earlier breakout of the resistance zone between the round resistance level 70.00 (earlier upward target) and.

Daily Pivots: (S1) 1.1695; (P) 1.1717; (R1) 1.1730; More…. Intraday bias in EUR/USD stays neutral as range trading continues below 1.1803. . On the upside, break of 1.1803 will extend the rally from 1.1467 to retest 1.1917 high. However, firm break of 55 D EMA (now at 1.1640) will turn bias back to the downside […]

The post EUR/USD Daily Outlook appeared first on ActionForex.

After a sharp decline, the US Tech index formed a support level. The US Tech forecast for next week is negative.

US Tech forecast: key takeaways

• Recent data: U.S. Services PMI for November came in at 52.9
• Market impact: the current data has a positive effect on the technology sector

US Tech fundamental analysis

The U.S. Services PMI printed at 52.9, below expectations of 54.0 and down from 54.1 previously. Although the index remains above 50, indicating continued growth in the services sector, the pace of expansion has clearly slowed and turned out weaker than the market expected. This release matters for US equities because services represent the largest part of the US economy, including consumption, finance, logistics, IT services, healthcare, and other segments.

Because the PMI remains above 50, the data points to a slowdown rather than a contraction. As a result, the typical market reaction is moderate. The indicator limits optimism about economic growth but at the same time increases the likelihood of softer financial conditions. Slower activity reduces the risk of economic overheating and can ease pressure on interest rates. This factor is generally positive, as equities tend to look more attractive when rate expectations decline.

US Tech technical analysis

For the US Tech index, the impact of this indicator often appears stronger than for the broader market, as technology companies react more sensitively to interest rate expectations. If weaker PMI data leads market participants to anticipate lower policy rates and bond yields, this usually supports the technology sector, as future earnings receive higher valuations.

The US Tech index has entered a downward trend. The nearest resistance formed at 25,725.0, while the support level shifted to 24,680.0. The downside target may lie near 24,210.0.

Forecast scenarios for the US Tech index price:

• Bearish scenario: if prices break below the support at 24,680.0, the index may fall to 24,210.0
• Bullish scenario: if prices break above the resistance at 25,725.0, the index may rise to 26,265.0

Summary

The current data provides some support for the US Tech index. If the slowdown in services continues and receives confirmation from other indicators, companies may become more cautious in spending on digital services, advertising, and IT projects. In that case, part of the technology sector could face revenue growth risks. At present, the data does not signal a sharp deterioration, so the baseline effect for US Tech remains moderately positive. The nearest downside target may stand at 24,210.0.

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