Daily analytical report (25/11/16)

%VIDEO%

Take profit action on the market continues. It was initiated yesterday but today we can see the first results.

EURUSD breaks two week downtrend line and tries to extend the correction.

USDCHF is about to make a 5th identical correction in a row, all they need is an upswing; the problem is that they need that exactly now.

Gold and silver could create a bullish engulfing on the daily chart being at an important support. That could initiate a deeper correction.

EURCHF with a shooting star bouncing from a long-term horizontal resistance. This can be considered as a strong sell signal; only if there was no SNB around.

Source:: Daily analytical report (25/11/16)

About the Author
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..

Related Posts

Leave a Reply

*