Sunday, 2 December 2018

Weekly Technical Forecast: EURUSD and Equities Held Off Critical Breaks in November, Will they Manage the Same in December?

November has come to a close and many benchmark assets have ended the period staving off critical technical breaks. The Dow held an increasingly overt 2018 support now around 24,000 while EURUSD has maintained 1.1200 as a floor. Will this restriction on progress – both the critical break and the commanding reversal – continue into December?


from DailyFX - Feeds all https://ift.tt/2zDMivs
via IFTTT

No comments:

Post a Comment

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...