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25.01. Fresh trading analysis: markets are up, earnings reports

Monday, January 25nd, today’s news—European, American, Asian markets rise on positive earnings reports, economic data, and a new stimulus package in the US. Oil is up, dollar weakens, the Fed's meeting is in focus. The price of Brent oil is $55.58, WTI—$52.67, EUR/USD is at 1.2149, GBP/USD—1.3675, gold is $1,854.95 …

EURUSD analysis

The euro against the dollar has completed forming a double bottom pattern, its features appear in the above chart, and we notice that the stochastic indicator is gradually gaining positive momentum, waiting to stimulate the price to continue to rise, so that the bullish trend scenario remains valid and effective …

Goolge stock analysis

Google’s stock closed last week’s trading above the support level of 1846.00, as the price was able to breach this level with a rising gap. And ending the sideways movement in which he was moving during the past weeks.

The moving averages support the upward movement of the stock, which …

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