Will the market wait and see how things unfold as trading resumes in various countries?

Will the market wait and see how things unfold as trading resumes in various countries?

26.12.2025

In yesterday’s U.S. currency markets, the U.S. dollar rose against the euro. The EUR/USD pair fell from 1.1808 to 1.1772. On the hourly chart, it dropped from the +2σ to the -2σ Bollinger Bands. Meanwhile, on the 4-hour chart, the uptrend—supported by the 20-day moving average—remains intact, and on the daily chart, the trend continues along the 10-day moving average. The pair is currently holding at its year-to-date high.

Among European currencies, the euro fell slightly against the yen. The euro/yen pair dropped from 184.274 to 183.293, falling just below the 200-period EMA on the hourly chart. On the 4-hour chart, the RSI is hovering around 50, just below the 20-period MA, while on the daily chart, the pair continues its uptrend along the 20-period MA and is trading near its year-to-date high.

Today’s economic indicators include the Japan Consumer Price Index (Tokyo metropolitan area) and the Japan unemployment rate at 8:30 a.m., followed by Japan’s industrial production, retail sales, and department store/supermarket sales at 8:50 a.m. No other major economic indicators or speeches by key officials are scheduled during European or U.S. trading hours. We will carefully monitor market trends as trading resumes in various countries following the holidays.