The bulls were given another opportunity to advance, and they are taking advantage of it.

The bears have squeezed out everything they could—now it's the bulls' turn to attack.

The euro could encounter strong resistance around 1.1840 or 1.1800. A move below both levels could be seen as a signal to open short positions, and the euro is expected to reach the psychological level of 1.1500 in the medium term.

According to the H4 chart, a symmetrical triangle pattern is forming, so a break above this pattern could confirm the upward movement, and a break below $2,875 could confirm the downward movement.

If gold resumes its bearish cycle at current price levels around $4,491, we could expect it to reach $4,451 and $4,434. Moreover, it could even return and find good support around the bottom of the uptrend channel located at $4,415.

The outlook for Bitcoin is positive as the Eagle indicator is showing a bullish signal, so BTC/USD could recover above $87,500 – 86,500.

The U.S. Dollar Continues to Experience Problems

USD/JPY: Tips for Beginner Traders on December 24th (U.S. Session)

The US dollar is suffering from increasing pressure due to the growing divergence in expectations surrounding interest rates in the US and the eurozone.

Outflows from spot ETFs intensified by year-end