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16.12. Fresh trading analysis: the Fed's meeting, European markets rise

Wednesday, December 16th, today’s news—European markets trade higher amid the vaccine and Brexit hopes. France's business activity returns almost to growth after the coronavirus restrictions are eased, American markets rise ahead of the Fed's meeting as fiscal stimulus optimism grows, the dollar continues to weaken. The price of Brent oil …

American stock market NYSE

Danaher Corporation (NYSE)

#DHR

The overall trend is upward. The multi-candlestick figure "Wedge" has formed. The stock trades in a range of 365 and 135 moving averages. The breakout of the upper border of the pattern forms an upward 1-2-3 pattern. Awesome Oscillator shows a Bullish divergence, while the moving …

GBPJPY analysis

The currency pair is trading in the range of the upper border of the descending price channel. The ascending H1 level pattern is truncated. Awesome Oscillator shows a Bearish divergence, while Stochastic Oscillator signals an overbought condition.

: trade the GBPJPY currency pair.

Trading idea:

Sell …

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