December Market Technical Review: Four Major Assets Face Critical Boundaries, Next Moves Could Trigger Immediate Action

The Federal Reserve signals liquidity release, triggering market re-pricing. Last week, the Fed announced a 25 bps rate cut to the 3.50%-3.75% range, with a total reduction of 75 bps for the year, and initiated a $40 billion monthly Treasury bond purchase program. These easing measures should support risk assets, but market reactions have been mixed — the Nasdaq 100 and cryptocurrencies dropped sharply within the day, indicating investors are beginning to reassess short-term risks.

EUR/USD: Bulls Brewing for Breakout, 1.2 Level Close at Hand

EUR/USD hit a high of 1.1707 on Thursday, quickly recovering from a four-day decline after finding support at 1.1620, with bullish sentiment clearly rising. The AO momentum indicator turned stronger, suggesting the next upward move is brewing.

As long as the 1.1700 key level is maintained, the upside could directly target 1.1800 and challenge the 1.2 threshold. Conversely, to break the upward trend, a decisive drop below 1.1620 is needed.

Technical Levels

• Support: 1.1700, 1.1620, 1.1470
• Resistance: 1.1800, 1.2000, 1.2200

Gold: Patience for Direction Confirmation, 4050 as Critical Defense Line

Gold has been consolidating within a narrow range for over a week, with resistance at 4220 remaining difficult to break through, reflecting a strong bearish consensus. The overall trend continues to oscillate within 3890-4225, but as time progresses, the gold price approaches a technical retracement window, risking a retest of the Gann 2/1 line at 4050.

If the rebound is again blocked at 4220, testing support near 4050 will be inevitable. However, a strong break above 4220 could gradually open up upside space.

Technical Levels

• Support: 4130, 4050, 3930
• Resistance: 4220, 4300, 4381

Nasdaq 100: 26000 Points as Key Divide, Downside Pressure Evident

Nasdaq 100 briefly fell over 1% on Thursday, reaching 25363 points, demonstrating strong resistance at the 26000 level. The index is in a time-sensitive phase, facing an important directional decision, with current technical patterns leaning downward.

If the rebound cannot sustain a breakout above 26000, subsequent declines may test support at 24900 and even 24000.

Technical Levels

• Support: 25200, 24900, 24000
• Resistance: 26000, 26300, 27600

Bitcoin: Intense Battle at 90K, 91000 as Bull-Bear Divide

Bitcoin fell 1.94% on Thursday, with the lowest at $89,419 (latest real-time price at $87.42K). The 90K zone has become the core battleground for bulls and bears. Although the overall technical pattern remains in a rebound cycle, the $94,000 level continues to act as a top resistance, warning investors to beware of reversal risks. The 91,000 level is a critical dividing line between bullish and bearish.

If the price effectively recovers above 91,000, the subsequent rebound space could extend to 95,000 and even 100,000 USD. Conversely, a decisive break below 90,000 could trigger a chain reaction of declines, with support around 86,000.

Technical Levels

• Support: 90000, 86000, 75000
• Resistance: 91000, 95000, 100000