The Dow is up 42
The S&P is up 7
The Nasdaq is up 19
In Europe…..well they are closed.
EURUSD hourly chart
In the forex market, from a 2 PM close on Christmas eve, the EURUSD is down. Today it held against the 100 hour MA (blue line in the chart above). The low for the year is 1.21637 reached on Thursday. The drive to the pairs midpoint of the move up from the 2000 low to the 2008 at the 1.2131 level. The EURUSD is below the 200 month MA at 1.2232.
EURUSD below 200 month MA, moving toward the 50% of the all time range of the EURUSD at 1.2131
Looking at the USDJPY, the price is below trend line support today, but remains above the 100 hour MA (blue line in the chart below). That level comes in at the 120.058 level currently.
USDJPY above the 100 hour MA
