Friday, 5 October 2018

S&P 500 Breaks Trend Support, Softens Technical Outlook

The SPX broke trend-line support yesterday, which could bring additional pressure on it in the near-term towards a key area of support.

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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...