Will the market wait and see how things unfold as trading resumes in various countries?
26.12.2025
- Consumer Price Index for Tokyo's 23 Wards, Japan
- Japan: Industrial Production
In the U.S. currency market the previous day, the U.S. dollar rose against the euro. The EUR/USD pair fell from 1.1808 to 1.1772.On the hourly chart, the price fell from the +2σ to the -2σ levels of the Bollinger Bands. Meanwhile, on the 4-hour chart, the uptrend—supported by the 20-period moving average (MA)—remains intact, and on the daily chart, the trend continues along the 10-period MA. 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 fell from 184.274 to 183.293, dropping just below the 200-period EMA on the hourly chart. On the 4-hour chart, the RSI is holding steady near 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, followed by Japan Industrial Production, Japan Retail Sales, and Japan Department Store/Supermarket Sales at 8:50. No other key speeches or major economic indicators are scheduled during European or U.S. trading hours.We intend to carefully monitor market trends as trading resumes in various countries following their holidays.
Author: Keisuke Sakurai
