The price action lacks downward momentum has not improved by much since early Jan as part of a corrective pullback and not a downward spike action. Despite the notion of QE2020 the currency has managed to recover in a bullish channel from there to a December 2019 high of 0.7031 a lot at stake for buyer. please keep in mind we looking at intermediate short long...
If you bought on the 18 Nov congrats you eating profit. Tesla will keep coming with new invention and designs for the cars which people will buy stock will go up the stock will brake 544.95 and when it dose its going to shoot all the way between 650.70 to 700.10 again give it time and watch your margin levels when i say time i am talking 3\5 months on wards...
The dollar index DXY had fell 0.08 percent with the euro up 0.02 percent to $1.1096 The closer we get to the outside of the consolidation area, the more likely the move back towards 1.11 be ready for the uplift of the downside trend. all the best traders.
with the Davos talks gone forward we looking at a quick and long BUY in the EURO the all time low is over guys. CHF: the SNB considered an early indicator of activity increased 1.2 billion which is low in my eyes with low gains of 0.2% the SNB also has a deposit rate at a record low of -0.75% yearly start. good trading guys.