Friday, 4 January 2019

Dollar, Oil, Loonie, S&P 500 - Reversal Candidates

In the hierarchy of market phases, the reversal is hands down the most lucrative for hungry traders. The suggestion of near-ideal timing and potential for the resultant trend draws throngs of hunters. But true turns are few and far between.


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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...