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Daily analytical report (21/09/16)

  • Gold finally shines as it is supposed to and leaves the 1310 USD/oz support far behind
  • USDJPY first down, then up, and then down again. Nothing unusual with the BoJ in the calendar.
  • EURCAD erases yesterday's upswing but still holds above the 1.4650 support
  • USDCAD bounces from the 1.3140 support ... again
  • DAX breaks local resistance but goes to the highs from the last week and shows weakness
  • All eyes on the Fed right now; in case of a surprise, all supports or resistances might be wiped out in a second. Stay extra careful and do not forget about the RBNZ a bit later as well!

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