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Daily analytical report (23/12/16)

  • Low liquidity and low volatility on the markets before Christmas.
  • WTI still above the 23.6% Fibonacci, defending the bullish sentiment.
  • Gold stays in the downtrend and silver denies the buy signal from a daily hammer.
  • The Cable aims for October lows.
  • EURUSD breaks the lower line of the flag but with a daily change of 30 pips its hard to think about any significant movements.
  • AUDUSD and NZDUSD advancing lower.

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