1. Hello Guest Click here to check FX Binary Point Financial Directory

FTSE drops as oil breaks $30, but will there be more drama later?

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    There was finally some hope of a rebound for the slumping equities as the global stock indices surged higher from deeply oversold levels yesterday. The markets rallied as oil bounced again off the psychologically-important $30 handle. But those hopes were dashed in overnight trading as Chinese shares led a decline in global markets that has so far lasted in the first half of today’s session. So it may be a different day, but it is still the same story: down goes oil, down goes (almost)

    Continue reading...

Share This Page