Analytics

News, Trends, & Analytics 31.12.2021

Markets Operate and Close Early for New Year    

Today the focus is on New Year celebrations.

 

Calendar

Markets will be closed.

While most market sectors will be operating on Dec 31, there will be early closures for New Year. In the meantime, Quickler, Composite Indices, and cryptocurrencies will be available 24/7.

Assets to trade: Quickler, Composite Indices, cryptocurrencies

 

News

Nikkei is reported to close the year 2021 with the most impressive yearly performance in the last three decades. Affects Nikkei


The US authorities have shortened the recommended period of isolation, highlighting the shift in the US President administration’s approach to coping with the virus. Affects USD

 

Technical Analysis

Gold

With intermittent distortions, the gold price is steadily moving upwards, and persistent Omicron-related fears are providing fuel for that.

If the current trend continues, gold may soon reach the local high of $1,820.

NZD/CAD

This pair is testing the downtrend’s upper side at 0.8750. If the current upswing breaks this resistance level, a new mid-term upward trajectory will form.

Brent

Brent broke through the downtrend’s resistance and is now likely to keep going up towards $80 and beyond.

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