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It's all kicking off again as oil trades below $30 per barrel

From news.forexlive.com

It's been a lively week that shows no sign of letting up anytime soon Brent down to $29.79 and WTI to29.63 sees USDCAD back up through 1.4500 after holding 1.4450 in retreat from its sharp thin-liquidity spike to 1.4530 earlier Cable has taken out the strong support at 1.4350 that triggered the stops I highlighted to post 1.4338 so far. Currently 1.4348 AUDUSD has broken down through 0.6900 to post 4 month lows of 0.6881 with NZDUSD testing support around 0.6400 These are not markets for the faint-hearted or ill-disciplined but the overall trend is proving to be very much your friend. Or not, at your peril. (full story)

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  • Category: High Impact Breaking News