Daily reviews

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 …

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

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.

GBPJPY rate online: trade the GBPJPY currency pair.

Trading idea:

Sell …

NZDUSD

The pair is supported by China’s growing demand for the Australian ore. Strong economic data from Australia and positive sentiment on the markets amid the weak US dollar stimulates the pair’s growth.

Technical side:

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI …

#ETN

The overall trend is upward. The assumed correction is approaching the lower border of the ascending price channel. Awesome Oscillator shows a Bullish Divergence, while the Stochastic Oscillator signals an oversold condition. A breakout of the upper border of the downward internal price channel will give an opportunity for …

GBPAUD

GBPAUD rate online: monitor the price movement in real time. 

Trading recommendations: sell on the formation of a downward wave pattern, where wave (A) …

EURUSD

The pair is trading flat amid Brexit uncertainty, while investors await the Fed's monetary policy decision. Markets hope that tomorrow the regulator will come up with something to support the severely troubled American economy. But, if this does not happen, the dollar may be stimulated to grow.

Technical side: …

 #COG 

Support level 15.80 is holding back sellers. The descending structure was truncated and ended in a breakout of an inclined channel. Awesome Oscillator shows a bullish divergence, while the moving averages of Stochastic Oscillator crossed in the oversold range and are directed upwards.

Trading recommendations:

Buy on the …

XAGUSD

The overall trend is upward. Silver is trading in a range of 365 and 135 moving averages. The descending H1 level pattern is truncated, while the Awesome Oscillator shows a Bullish divergence. A breakout of 24.08 will result in the formation of an upward M15 level wave pattern within …

GBPUSD

The pair rose sharply on Monday morning amid the short-term truce in the EU–UK talks after this weekend’s meeting. It may continue to grow locally as the Fed is expected to decide on the new fiscal stimulus which will weaken the US dollar.

Technical side:

The price is above …