Alpari - Analytics


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Daily analytical report (17/01/17)

  1. Trump sends USD lower.
  2. Theresa May helps GBP. The cable has closed the gap and is now advancing higher driven by comments from the UK PM.
  3. Gold reached an important resistance (38,2% fibonacci and correction equality) but is still showing strength.
  4. USDCAD defended the lower line of the flag as a resistance and is aiming lower.
  5. Oil is advancing higher keeping the positive sentiment alive and helping currencies like NOK, CAD and RUB.

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