The Euroland stock markets have, as they say, found their animal instincts. This is a zoological metaphor meaning that they found their wallets and are buying. The Londoners and their investors around the world who follow along with their instincts are driving the index up smartly. The retracement from the falls of February have breached the .61 Fibonacci level and is moving up on higher than usual volumes. This means that there is significant sentiment behind the buying and therefore is likely to continue.
US Dollar Strong Across the Board
Daily Analysis - 24/04/2018