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On Friday the 15th of January, trading on the euro closed up. After a breakout of the 1.2090 resistance, the single currency surged against the dollar to reach 1.2219. This rally was initially brought about by reports of progress being made in coalition talks in Germany. It was later revealed that Chancellor Markel had struck a deal with a rival party, the Social democratic Party, on forming a new government. The euro was further propped up by expectations that the ECB is soon to start reducing the scale of its QE program.

The pair GBPUSD during the trading session on Wednesday shows a flat dynamics, trading in the range of 1.2700-1.2730. The day before, the British currency updated its June high against the US dollar, practically testing the resistance of 1.28. The growth of the pound was promoted by the general market optimism, the reason for which was the approval of the European program to support the economy in the amount of 750 billion euros. 390 billion euros from this fund will be distributed in the form of grants, and the remaining 360 billion - in the form of loans. The funds from the fund will be used to overcome the unprecedented economic downturn triggered by the coronavirus pandemic. In addition to the recovery plan, the EU countries have also approved a multi-year EU budget of over € 1 trillion.

The oil market ended the trading session on Thursday in the red. By the end of the day, WTI crude oil fell by 2% and closed trading at $ 41 per barrel.

Trading idea for Eastman Chemical Company (NYSE)

#EMN
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages.  A bullish divergence has on Awesome Oscillator. The moving indicators of Stochastic Oscillator have left the oversold zone. The breakdown of 112.20 will result in the formation of an ascending wave pattern, where the wave (A) has broken through the inclined channel of the descending pattern

The U.S. dollar index (DXY or USDX) allows you to predict changes in the currency market. It's a measure of the value of the U.S. dollar relative to a basket of foreign currencies often referred to as a basket of U.S. trade partners' currencies. The index started in 1973 with a base of 100 points, shortly after the Bretton Woods system collapsed. One of the reasons for this was U.S. President Richard Nixon's decision to stop pegging the U.S. dollar's value to the price of gold.

The key to intelligent investing is diversification of the investor's portfolio. This technique reduces exposure to risks by allocating investments across various groups of assets.

Every trader knows that inflation has a negative impact on the market. From the market's point of view, inflation is characterized by an increase in the cost of goods and services. This name is derived from the Latin word "inflatio" - "swelling".

We work from home - invest in stocks ! Trade Investment Idea for Lufthansa AG Shares (XETRA)

04/25/2022 Lufthansa AG (XETRA) stock technical review #LHA

The Lufthansa stock trend is down. The ascending wave structure is truncated. The Awesome Oscillator indicator has a bearish divergence, and the Stochastic Oscillator indicator is signaling overbought.