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Chart Analysis

SUMMARY

Last Close1.1724
% Change0.00%
1 year % Change-0.95%%
1 year Range1.1603-1.2349

EUR/USD

INTRADAY LEVELS

Resistance 31.1890
Resistance 21.1830
Resistance 11.1745
Pivot Point1.1724
Support 11.1665
Support 21.1600
Support 31.1570

MARKET OUTLOOK

    • Investing.com - European stock markets are expected to open higher Tuesday, rebounding from the previous session’s sharp losses, although worries remain about the contagion risks associated with property giant China Evergrande Group, while the Federal Reserve's policy meeting continues to dominate thinking.

      At 2:05 AM ET (0605 GMT), the DAX futures contract in Germany traded 0.4% higher, CAC 40 futures in France climbed 0.2% and the FTSE 100 futures contract in the U.K. rose 0.5%.

      European equities sold off heavily on Monday, with the DAX ending 2.3% lower and the CAC 40 down 1.7%, sparked by concerns of a disorderly default in China, potentially hurting China's property and financial sectors at a time when growth in the world's second-largest economy is already slowing.

      .





TREND

1HDOWN
5HDOWN
DAILYDOWN
WEEKLYup

KEY ECONOMIC EVENTS

TimeCurrencyImpactEvent
5:30 PMeuro/dollarHighECB Lagarde Speaks
NANANANA

SUMMARY

Last Close70.42
% Change

1.02%

1 year % Change72.03%
1 year Range33.64-76.98

CRUDE OIL

INTRADAY LEVELS

Resistance 373.50
Resistance 272.70
Resistance 171.65
Pivot Point71.16
Support 170.45
Support 269.50
Support 368.70

MARKET OUTLOOK

    • TOKYO (Reuters) -Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China's economy of a crisis at heavily indebted property group China Evergrande.

      Brent crude gained 95 cents or 1.3% to $74.87 a barrel by 0645 GMT, having fallen by almost 2% on Monday. The contract for West Texas Intermediate (WTI), which expires later on Tuesday, was up 91 cents or 1.3% at $71.20 after dropping 2.3% in the previous session.

      Global utilities are switching to fuel oil due to rising gas and coal prices, and lingering outages from the Gulf of Mexico after Hurricane Ada that imply less supply is available, ANZ analysts said.


TREND

1Hup
5Hup
DAILYup
WEEKLYup

KEY ECONOMIC EVENTS

TimeCurrencyImpactEvent
NANANANA
NANANANA

SUMMARY

Last Close1764
% Change-0.25%
1 year % Change-10.94%
1 year Range1677-1978

SPOT GOLD

INTRADAY LEVELS

Resistance 31776
Resistance 21770
Resistance 11763
Pivot Point1759
Support 11745
Support 21732
Support 31728

MARKET OUTLOOK

    • Gold futures fell during the Asian session on Tuesday.

      According to Comex's rating of the New York Mercantile Exchange, December gold futures were trading at $1,762.65 an ounce at the time of writing, down 0.07%.

      It previously traded lower at $1,762.15 an ounce. Gold finds support at 1742.30 and resistance at 1797.30.

      The dollar index, which measures the performance of the US currency against a basket of six other major currencies, fell by 0.09% to trade at 93.172.

      Meanwhile on Comex, silver for December rose 0.24% to trade at $22.258 an ounce while copper for December rose 0.33% to trade at 4.1385 per pound.

      Today, gold is awaiting important data, which is the US Building Permits. Gold did not benefit from the global Evergrande crisis, despite the scattered losses, but gold kept its low levels.

TREND

1Hdown
5Hdown
DAILYdown
WEEKLYdown

KEY ECONOMIC EVENTS

TimeCurrencyImpactEvent
NANANANA
NANANANA