Monday, 7 January 2019

S&P 500 Kisses Trend Line, USDJPY May Have Started Multi-Year Rally

Though SP 500 has rallied, it has merely reached the underside of a broken trend line. The spike low on USDJPY may initiate a multi-year rally.


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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...