European Shares Edge Higher Ahead Of Christmas Breakfxcue.com

(fxcue news) - European stocks edged higher in cautious trade on Tuesday ahead of Christmas break. The German DAX is not trading today while the FTSE 100 and CAC 40 will close early for Christmas Eve. Markets in the U.K., Germany, Spain and France will remain shut on Wednesday and Thursday for the Christmas holiday. The pan European STOXX 600 was up 0.4 percent at 503.94 after closing 0.1 percent higher on Monday. France's CAC 40 gained 0.4 percent and the U.K.'s FTSE 100 was up 0.3 percent. China-related LVMH, Kering and Hermes International were seeing modest gains in Paris after China's finance ministry said that it will increase public spending in 2025 with a greater focus on boosting consumption to support the economy. Alstom SA shares were up about 1 percent. The company announced that it has received two new orders from two undisclosed European customers, worth a total of around 760 million euros, during the month of December. Energy stocks tracked oil prices higher, with BP Plc rising half a percent and peer Shell gaining 0.8 percent in London. Vistry Group slumped over 17 percent as the housebuilder issued its third profit warning of the year, citing delays to expected year-end transactions and completions. AstraZeneca edged up slightly. Following feedback from the European Medicines Agency, the British pharma company and Japan's Daiichi Sankyo have decided to voluntarily withdraw the marketing authorization application in the European Union for advanced lung-cancer treatment Dato-DXd.

European Shares Edge Higher Ahead Of Christmas Break

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Sensex

Swiss Franc Slides As European Shares Traded Higher

European Shares Edge Higher Ahead Of Christmas Break

Taiwan Shares Tipped To Open To The Upside On Tuesday

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Crude oil, focus on resistance at $70.6-71.5 above and support at $69.3-68.5 below.

Today, the rebound in gold trading is mainly driven by short selling, supplemented by buying during a pullback. The short-term focus is on the resistance line of 2620-2625 above, and the short-term focus is on the support line of 2600-2598 below.

Buy more directly near the current gold price of 2617, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2614, 2611, and 2605;

Today's gold trading strategy: Short selling near 2630-2628, stop loss at 2636, target at 2620-2610. Suggest buying long at 2610-2612, stop loss at 2505, target at 2620-2625;

Gold first fell close to 2602 or 2594 and bought long, then rose close to 2624 or yesterday's high and sold short. Crude oil still tends to fluctuate mainly today, buying long below 68.8 or yesterday's low, and selling short above yesterday's high or 70.7.

Today, gold is mainly focused on rebound short selling, with a short-term focus on the resistance line of 2628-2633. If it does not break through, short selling can be done. The short-term focus below is on the first-line support of 2600-2595, and it is advisable to buy more lightly.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.4-67.9 below.

Tags

European Shares Edge Higher Ahead Of Christmas Break

Bay Street May Open With Slightly Negative Bias; GDP

Bay Street Likely To Open Slightly Higher

FTSE 100 Subdued As GDP Figures Revised Down

Singapore Shares May Extend Monday's Gains

Sensex

Swiss Franc Slides As European Shares Traded Higher

European Shares Edge Higher Ahead Of Christmas Break

Taiwan Shares Tipped To Open To The Upside On Tuesday

Please sign in

Trader

Crude oil, focus on resistance at $70.6-71.5 above and support at $69.3-68.5 below.

Today, the rebound in gold trading is mainly driven by short selling, supplemented by buying during a pullback. The short-term focus is on the resistance line of 2620-2625 above, and the short-term focus is on the support line of 2600-2598 below.

Buy more directly near the current gold price of 2617, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2614, 2611, and 2605;

Today's gold trading strategy: Short selling near 2630-2628, stop loss at 2636, target at 2620-2610. Suggest buying long at 2610-2612, stop loss at 2505, target at 2620-2625;

Gold first fell close to 2602 or 2594 and bought long, then rose close to 2624 or yesterday's high and sold short. Crude oil still tends to fluctuate mainly today, buying long below 68.8 or yesterday's low, and selling short above yesterday's high or 70.7.

Today, gold is mainly focused on rebound short selling, with a short-term focus on the resistance line of 2628-2633. If it does not break through, short selling can be done. The short-term focus below is on the first-line support of 2600-2595, and it is advisable to buy more lightly.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.4-67.9 below.

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