Alpari - Analytics

Alpari

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Daily analytical report (02/12/16)

  • Stock traders close their long positions before the Italian referendum on Sunday.
  • Currency traders are getting ready for the NFP data.
  • Gold and silver are bearish both in their trend continuation patterns.
  • EURUSD failed with yesterday’s bullish breakout above 1.066 which creates an opportunity to sell.
  • GBPUSD can end the bullish correction right now as the shooting star emerges.
  • AUDCAD with a very technical bearish trend. Momentum is high and the corrections are regular and muted.

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