Wednesday, 10 October 2018

FTSE Chart Analysis – Trying to Reverse from Critical Area of Support

Yesterday, the FTSE sank into a confluence of support and put together a minor reversal; it's a big area looking out over the long-term.

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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...