Wall Street finished in the red on Tuesday, weighed down by losses among big technology companies. The Dow Jones fell by 0.03%, the S&P 500 by 0.11%, and the NASDAQ lost 0.34% from its value. The US dollar traded in a tight range against major currencies on Tuesday, wavering around the unchanged mark, while trading volumes remained thin during the holiday season. Today, the CB Consumer Confidence is expected at 128.2 vs. 129.5 previously. Gold rose by 0.62%, closing at $1,283 an ounce. Crude Oil rose by 2.08%, closing at $59.81 a barrel.
The euro fell by 0.13%, closing at 1.1859. On the 1-hour chart, the pair is trading below the 20-day Moving Average with the RSI indicator below 50. This may lead to a drop towards 1.18, while breaching the 20-day Moving Average could cause a reversal towards 1.19. No economic data is expected today. The pound remained unchanged versus the dollar, closing at 1.3373. On the 2-hour chart, the pair is trading close to the mid-band of the Bollinger Bands indicator. Breaching above the mid-band could cause a rise towards 1.3450, while failure may drop it towards 1.3250. Today, the High Street Lending is expected at 40.6K vs. 40.5K previously.
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