Daily analytical report (01/12/16)

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OPEC deal is on but will the countries really commit to that? How long will this deal last for?

WTI price went sharply up, resistances were broken but now they have to keep it high.

Surprisingly, stocks are not following the buy signal from oil and so the correlation is broken.

AUDUSD finally broke the lower line of the flag and went lower. It looks like it is not the end.

AUDCAD with a very similar setup and a bearish signal.

Gold received a heavy blow again: every bounce is used by bears to sell with better prices and as a result the price declines.

GBPUSD – despite the worse than expected PMI data – is heading higher.

Source:: Daily analytical report (01/12/16)

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Alpari was founded in 1998 and is one of the world’s leading Forex brokers, offering clients a full package of the most modern financial instruments and technological solutions for online trading and investment. According to data from Finance Magnates, Alpari has been one of the largest Forex brokers in the world for a number of years. The trading turnover of the Alpari companies in 2014 was 2.5 trillion USD. Today Alpari is the world’s largest MetaTrader 4 Forex broker. The first half of 2015 saw company branches offering their services to over one million clients from over 150 countries in the world. Alpari clients have access to over 50 currency pairs and an extensive range of other instruments. The company offers the use of three trading platforms for computer and mobile applications for use with iOS and Android. Alpari is a member of international organizations such as The Financial Commission (Hong Kong) and CRFIN (Russia). Bonuses: the Alpari Bonus Program was launched in 2014 and allows clients to independently change their conditions for working on the financial market: reduce commission, save money on swaps, improve conversion rates and much more. Read More about Alpari HERE or you can visit their website direct by CLICKING HERE..

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