Daily analytical report (15/11/16)

2016-11-15T15:41:47
  • SP500 in a short term pennant formation. Wait for the breakout.
  • WTI with a potential reversal (triple bottom formation and divergence).
  • EURNOK and NZDUSD with a long term H&S formations. EURNOK retested the neck line and NZDUSD still waits for the breakout.
  • XAUUSD with a triple bottom formation but the upswing that follows this formation is mild.
  • EURJPY breakout from the triangle formation and aiming for downtrend lines.

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