Wednesday, 17 June 2020

Nasdaq 100 Forecast for the Week: Technical Patterns Weakened

A surge in volatility has worked to erode a crucial technical pattern after price broke above and below the confines of an ascending channel. Is the damage a sign of rising instability?

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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...