The pair is trading above 0.7575 and 0.7600. The pair will be supported by the chronic weakness of the US dollar amid the Fed's monetary policy, strong demand stocks and expectations of a new stimulus package from the Congress.
Technical side:
The price is above the upper Bollinger band, …
Thursday, December 17th, today’s news—Jerome Powell says the Fed will keep supporting the economy until recovery is secured. American and European markets rise, the US dollar continues to weaken, oil prices are up. The price of Brent oil is $51.60, WTI—$48.34, EUR/USD is at 1.2234, GBP/USD—1.3584, gold is $1,883.10 per …
The trading plan was drawn up using the modified wave analysis for the Smart Trading trading system.
Ameren Corp. (NYSE)
#AEE
The overall trend is upward. The stock trades in a range of 365 and 135 moving averages. The downtrend pattern ended with the breakout of the inclined channel (aC), …
Don't have your language?
