The pair turned up on hopes for a new stimulus deal in the US, the positive outlook weighs on the dollar. If this sentiment persists, the price will continue upwards.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. Moving averages are …
The company is one of the Dividend Aristocrats in the US, and the stock is trading in the range of historical lows. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition. A breakout of 27.00 will result in the formation of a 1-2-3 ascending pattern. …
Tuesday, October 20th, today’s news—European markets rise thanks to positive earnings reports despite the lockdown worries, Euronext is open following yesterday's technical glitches. The dollar and the euro are weaker as the US stimulus package hopes fade, Asia-Pacific markets are mixed. The price of Brent oil is $42.63, WTI—$41.18, EUR/USD …
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