Tag Archives: FTSE

A sharp drop appears to have found support near $50/bbl. despite increasingly worrisome signs about global demand in 2019 possibly indicating a short-term low is in place.

Both the four-hour and daily GBPUSD chart point to lower prices ahead with a re-test of the 1.2660 low on the cards.

The Dollar’s bullish progress through 2018 has flagged significantly over the past three weeks. The chart looks primed for a break as liquidity fights resolution on a critical move. Yet, volatility suggests not to be complacent.

Last week was a wild one and next could be too, but volatility may diminish a bit as long as support levels hold.