Daily analytical report (24/11/16)


Durable goods orders lifted USD and crashed gold.

Thanksgiving Day, so markets are muted and trading is quiet.

As it often happens, most investors are closing their positions and capturing profits from the recent movements and that is why we can see correction movement for most instruments.

EURUSD is creating a hammer on an important long-term support. Good R:R ratio here.

USDCHF already had 4 of the same corrections in a row, now we’re waiting for the 5th.

NZDCAD needs to climb 60 pips higher to create a nice mid-term buy signal.

Source:: Daily analytical report (24/11/16)

Won't your trader friends like this?
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