Daily analytical report (22/11/16)

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Global correction of the USD is on, but they are losing momentum.

SP500 follows oil and advances higher.

Oil follows rumours about an agreement to cut output, but what will Iran do?

CAD and NOK are happy with the price of the oil and are gaining.

AUDUSD has two nice resistances ahead. Which one will be used (if any)?

Gold with a potential double bottom with a divergence at 1207 USD/oz – a crucial long-term support.

Source:: Daily analytical report (22/11/16)

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..

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