Tuesday, 12 February 2019

SPX, Dollar, Oil - Are Markets Range, Trend or Breakout Oriented?

There are three types of market conditions: range, trend and breakout. We dynamically change through these states, but genuine transition happens infrequently. What is our state currently and what markets align to this status and which contradict it?


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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...