Technical Analysis

Major indices rise by over 1% on the day The European major indices are ending with solid gains, with nearly all major indices rising by greater than 1% on the day.  Provisional closes are showing: German DAX, +1.7% France’s CAC, +1.1% UK’s FTSE, +1.56% (biggest one-day gain since September 21) Spain’s Ibex, +1.2% Italy’s FTSE
Down -$3.77 or -6.59% Big move lower in the price of crude oil as dollar strength and thoughts of global slowdown hurt the sentiment today. The price is settling at $53.43. That is down -$3.77 or -6.59%.  Big move. The high reached $57.44. The low extended to $52.77.  That is a big range too. ForexLive