At the H4 chart of EUR USD, Three Methods pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction. As we can see at the H1 chart of EUR USD, the bullish tendency continues after Hammer pattern. The upper Window provided support. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bearish tendency. The closest Window provided resistance. Bullish Harami indicates a possible bullish pullback. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
December 8, 2016 U.S. equities post a new record high. Euro looks to ECB meeting
U.S. equities edged higher to post new highs in yesterday's trading marking one of the strongest one day gains since the November elections. The DJIA gained 1.6% while the S&P500 closed with 1.3% gains...
December 8, 2016 US equities jump sharply
US markets saw a massive rise today as the Dow was up 300 points and the S&P 500 was up 29 points showcasing that investors believe the advent of Trump will have a positive effect on the US economy.
December 7, 2016 GBP falls as industrial & manu. production miss
The pound has come under pressure in London trading today. EURGBP buying has been a driver, with the cross rallying some 0.5% to a peak of 0.8510, since ebbing to around 0.8490. Gains failed to sustain above the 20-day moving average, which is at 0.8503...
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