Alpari - Analytics


860.25 6.25/10
73% of positive reviews

Daily analytical report (19/01/17)

  • Hawkish Yellen sends USD higher but some currencies like AUD seemingly resisting the strength of the greenback.
  • Gold and silver stopped exactly on the resistances highlighted by us a long time ago. Looks more like a take profit action than a major reversal.
  • EURAUD shows the beauty of the descending triangle.
  • GBPUSD goes up after they retraced 38,2% of the Theresa May rally.
  • CADJPY with a V shaped retracement but there is no continuation so it creates an opportunity for a bearish breakout.

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