- EURUSD fails to break the neckline of the short-term iH&S formation and goes lower. Also negatively influenced by the weak German export data.
- GBP goes up, continuing the buy signal from the hammer on the D1 two days ago.
- Despite positive sentiment on stocks, precious metals are still pushing higher. Both silver and gold made new mid-term highs yesterday.
- Oil goes up despite worse than expected EIA data about stockpiles. A decline in numbers was largely anticipated before and after the API data.
Alpari - Analytics
