Thursday, 18 October 2018

FTSE Technical Analysis – In Bounce-mode Again, March Lows Targeted

The FTSE is bouncing but with the trend still firmly lower and big support to have yet been met don't look for it to last before another leg lower develops.


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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...