Alpari - Analytics


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Daily analytical report (10/01/17)


  • Brent oil with a double top formation.
  • EURNZD aiming for the third same correction in a row.
  • NZDUSD testing the recent support (flower line of the flag) as a resistance.
  • EURGBP aiming higher due to the hard Brexit rumours.
  • AUDUSD retracing 61.8% of the recent downswing and making a correction equality pattern, will that be enough for the buyers?
  • USDCAD failed to make an H&S on the support and now is locked inside the rectangle which is promoting a bearish breakout.

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