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Daily analytical report (01/02/17)



  • Waiting for FOMC but we should not expect any significant changes in the Monetary Policy.
  • Today all the movements are mostly a continuation of those seen yesterday.
  • AUDUSD continues the upswing after breaking from the pennant
  • Silver makes the iH&S active an increased the chances of the breakout after making higher highs and higher lows in the next candlestick
  • Brent locked in the symmetric triangle
  • Cable aims higher and we should see this instrument 160 pips higher anytime soon.

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