Alpari - Analytics

Alpari

784.25 6.25/10
72% of positive reviews
Real

Daily analytical report (23/11/16)

 

  • Correction for USD is now selective. Some instruments are weaker but some are stronger against the USD. The situation has changed a lot since Monday.
  • CAD and NOK are losing due to the reversal on oil.
  • Reversal on oil is caused by the unclear OPEC agreement. We still do not know about Iraq and Iran.
  • Gold and silver are doing what they can to defend the supports, but technical analysis suggests that we could have a sharp downswing quite soon.
  • AUDUSD reached the first resistance at 0.744 and we already could see a bearish reaction there.
  • NZDUSD managed to test the neckline from the bottom, twice. 2-0 to the sellers.

To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree