Alpari - Analytics


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Daily analytical report (02/03/17)

  • Fed's Brainard adds more hawkish comments about the USD.
  • Eurozone reached the 2% CPI target.
  • EURAUD breaks the neckline and advances higher.
  • GBPUSD stops at 1.226 but it looks temporary.
  • EURUSD heading to 1.048.
  • End of the bullish paradise on AUDUSD, price breaks the 23.6% Fibo and is aiming for the next one – 38.3%.
  • USDMXN bounces of 20.16 and then drops sharply, creating a negative sentiment on this pair

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