Alpari - Analytics

Alpari

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Daily analytical report (31/01/17)

  • Navarro, Trump's top trade advisor fires shots at EU and calls EUR undervalued.
  • AUDUSD breaks upper line of the pennant triggering a buy signal.
  • Silver breaks the neckline of the iH&S formation.
  • EURUSD goes above 1.072 resistance.
  • USDCHF breaks the 0.996 support, triggering a long term sell signal.
  • JPY gets stronger overnight due to the hawkish BoJ.
  • CPI in Eurozone is higher than expected, which raises questions about further stimulus from the ECB

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