The EUR/USD soared in thursday. As liquidity narrows into the holidays, with potential profit-taking dips, the euro s bullish trend seems set to persist.
On December 12, the closing prices of three stocks from the Nifty500 pack rallied over 1.5% relative to the VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend.
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.