Alpari - Analytics

Alpari

784.25 6.25/10
72% of positive reviews
Real

Daily analytical report (20/09/16)

  • Gold defending the 1310 USD/oz support but the struggle is real
  • AUDUSD going up with help from iH&S on the H1 chart
  • CHFJPY close to an important resistance with a good looking SELL opportunity at 104.30
  • EURCAD going north after yesterday's hammer, daily candle bouncing from important supports
  • EURAUD failed to use iH&S for an upswing
  • EURJPY short as long as price stays below 114
  • NZDCAD at the highest levels since 1997 and it seems like a warmup
  • Low volatility ahead of BoJ and Fed meetings on Wednesday
  • Oil weakens due to production increase in Nigeria and crude stockpile expansion in US


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