Market Recap: Record Highs, Surprises, and Global Moves - Thursday's Financial Landscape

📈 DAILY MARKET NEWSLETTER - January 26, 2024

Unlock today's insights from the global research desks of Trading Central! Your starting point for market exploration and identifying potential opportunities.

🌐 MARKET WRAP: STOCKS, BONDS, COMMODITIES

On Thursday, U.S. stocks hit record highs again, with notable performances in Energy, Telecom Services, and Household & Personal Products. However, Tesla faced a sharp decline, and Boeing struggled due to aviation restrictions. IBM, on the other hand, soared after positive forecasts. Stay tuned for after-market reactions, including Intel's results.

📊 MARKET WRAP: FOREX

The U.S. dollar stood firm against major currencies, reflecting optimism in the U.S. economy. European markets responded to the ECB's decision, and Japan's data influenced the yen. Check out the fluctuating scenarios of GBP/USD, USD/JPY, EUR/USD, and Dow Jones in our intraday analysis.

💡 EXPERT ANALYSIS HIGHLIGHTS

• GBP/USD Intraday:Watch for resistance at 1.2735. Short positions below with targets at 1.2680 & 1.2660. Above 1.2735, anticipate further upside.

• USD/JPY Intraday:Bullish bias above 147.35. Long positions favored with targets at 147.90 & 148.25. Below 147.35, expect downside.

• EUR/USD Intraday:Focus on 1.0820. Short positions below 1.0870 with targets at 1.0820 & 1.0800. Above 1.0870, anticipate further upside.

• Dow Jones (CME) Intraday:Bullish bias above 37990.00. Long positions favored with targets at 38280.00 & 38360.00. Below 37990.00, anticipate downside.

As the day concludes, keep a keen eye on market movements. The U.S. 10-year Treasury yield, impressive GDP growth, and global economic data all contribute to the dynamic landscape. Stay informed, stay ahead!

Stay tuned for more market insights 📊🌐 #MarketNews #taurex #FinancialInsights

Note: Due to market volatility, some key levels may have been reached, and scenarios played out.