Friday, 7 September 2018

The Dow Spends a Week at Support: Will Bulls Follow-Thru?

The Dow has spent most of this week holding a key support level in the index, taken from a prior swing-high. But a lack of bullish follow-thru may be highlighting the potential for a deeper retracement.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...