Analysis of the past day

On Thursday, January 25, trades were very volatile, which was caused by a press conference of the head of the ECB. Optimistic comments of M. Draghi caused the renewal of the three-year low of the US dollar. At the same time for the majority of major currency pairs the slowing of the upward trend against the American was traced.

World stock indices are traded lower due to the pessimism about the American (Nikkei 225 -1.11, DAX -1.20, FTSE 100 -0.40, Dow 30 +0.25). Concerning raw materials assets, and in particular oil, the reverse dynamics is observed, caused by positive comments from OPEC representatives regarding the possibility of extending the agreement to limit oil production.

In conditions of considerable oversold and a prolonged downward trend 6

Anton Hanzenko