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Trade ideas thread - Wednesday 16 December 2020
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- The US strategic petroleum reserve (SPR) falls to the lowest level since 1983
- EURUSD buyers make a play. EURUSD price trades above the 200 hour MA at 1.14236
- Nasdaq climbs to the highs of the day as Alphabet and Amazon lead the way
- Trump says he will "take appropriate action immediately" on Cook
- The AUDUSD finds willing sellers against the 100 hour MA and moves toward recent lows
- The share price of Nvidia and Micron are both testing/breaking key support targets
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