Saturday, 2 February 2019

Dollar Avoids Critical Breakdown, But for How Long?

The Dollar extended its tumble this past week helped along by the Fed’s dovish tone. Yet when it was time to establish conviction, bears couldn’t break 8-month channel support and the 200-day moving average. We are likely to see further attempts.


from DailyFX - Feeds all http://bit.ly/2Tv3LOw
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...