16 Tháng mười hai 2020, EUR/USD
EURUSD trading plan:
The Fed is expected to keep interest rates pinned near zero and to signal where rates are headed in the coming years when it concludes its two-day policy meeting later in the day. We are expecting new guidance on a timeline for the Fed’s massive bond-buying program. This is a positive signal for the European currency. A bullish rally in the precious metals market will provide additional support for the euro, as assets are correlated with each other. The rapid progress in COVID-19 vaccine rollouts is also sparking hopes for a quick world economic recovery.
Investment idea: Buy 1.2150 and take profit 1.2200.
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