The overall trend is downward. The currency pair is trading in the range of the upper limit of the descending price channel. The Long-Legged Doji reversal pattern has formed.
The pair is trading in the range of 365 and 135 moving averages on the H1 timeframe. Awesome Oscillator shows …
The pair, having corrected down after reaching a local high of 1.2270 a week earlier, is turning up again amid the news that Donald Trump has finally signed the latest economic relief package proposed by Congress, which would put additional pressure on the US dollar as its supply in …
Friday, December 25th, today’s news—the UK and the EU agree on a historic post-Brexit deal, to regulate trade from January 2021. The pound sterling rose to two-year highs, the US Congress has sent the stimulus bill to the president. The price of Brent oil is $51.37, WTI—$48.30, EUR/USD is at 1.2196, GBP/USD—1.3561, …
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