The pair remains in a short-term uptrend as Brexit deal brings stability, while the new support package in the US also weakens the dollar.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level and continues to …
The price pivot zone of 82.00 held back buyers. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals an overbought condition. 5 EMA crossed the 22 EMA moving downward, after that the price returned to the range of moving averages.
The ascending H2 level pattern is truncated. …
Thursday, December 24th, today’s news—the US President Donald Trump signs the economic relief bill after days of delay. European markets rise, Dow futures are up more than 100 points, dollar is weaker, gold rises. The price of Brent oil is $51.73, WTI—$48.64, EUR/USD is at 1.2238, GBP/USD—1.3553, gold is $1,885.40 …
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