Alpari - Analytics


861.25 6.25/10
73% of positive reviews

Daily analytical report (03/04/17)

  • All pair movements continue as expected by us in our previous analysis.
  • EURUSD made a significant downswing on Thursday, but it stopped today. It looks like that this instrument is ready for a bullish correction. First important resistance is on the 1.0712.
  • AUDNZD is about to have its fourth bullish day in a row and probably not its last. The sentiment in the long term remains positive. There is a high chance of a local correction though.
  • EURAUD broke the bullish line connecting recent higher lows. That makes the previous sell signal stronger but here there is also a chance of a bullish correction. The closest resistance is 1.4050.
  • USDPLN is about to make a nice hammer on the W1 bouncing from the up trendline. This definitely creates a positive environment for buyers.

To leave a comment you must or Join us

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree