FxAnalysis

The Nasdaq 100 enters Tuesday’s session near 25,529 with market sentiment cautious amid tariff threats, overbought tech concerns, and key economic events ahead.

Crude oil prices rose modestly in low-volume holiday trading, with traders closely eyeing the $60 level and key moving averages for the next breakout or range setup.

The US dollar pulled back against the Canadian dollar on Monday in quiet holiday trading, with consolidation suggesting a potential dip-buying setup near 1.3750.

The Euro rallied amid thin US holiday trading, but traders are watching for signs of exhaustion as the broader EUR/USD downtrend remains intact.

Despite geopolitical headwinds, the DAX remains bullish as German stimulus and a breakout above 25,000 set the stage for a rally toward 27,000.

The British Pound has been gaining very strongly against the US Dollar this week, but bulls now face a test as the price runs into resistance levels clustered around $1.3500.