18 Desember 2020, EUR/USD
EURUSD trading plan:
The bullish rally in the commodity market will have a positive impact on the value of the European currency, as assets are correlated with each other. Gold was bolstered by the announcement by the Federal Reserve buy at least $80 billion per month of Treasury securities and $40 billion per month of agency mortgage-backed securities in a bid to provide maximum employment to Americans and price stability to the economy. U.S. unemployment claims rose for a second week in a row, data showed reinforcing the need for urgent fiscal help.
Investment idea: Buy 1.2238 and take profit 1.2294.