The risk appetite still weighs on the American dollar as investors turn to stocks. The situation is likely to persist, and this means the pair will continue to rise.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below 50% …
Wednesday, November 25th, today’s news—Dow Jones hits a record high of 30,000. Global markets reacted with growth, oil is up, gold continues to decline on vaccine optimism. European markets rise on the Wall Street optimism, vaccine hopes and political certainty in the US, Tesla stock price went up 427% since …
The Australian dollar against the US dollar confirmed the breach of 0.7340 after closing the daily candlestick above it, to obtain a good positive motive that supports the expectations of the continuation of the bullish trend in the intraday and short term, as the price gradually approaches our awaited target …
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