Daily analytical report (08/02/17)

2017-02-08T15:32:10

 

  • As expected after breaking the neckline and the trendline, EURUSD declines.
  • Precious Metals advance higher despite stronger USD.
  • AUDUSD bounced 10th time a row after making ~70 pips downswing.
  • Very high API sends Brent lower. No price tries to close the gap but the sentiment is negative.
  • USDCHF stays above 0.995 keeping the buy signal alive.
  • CADJPY bounces from the 84.9 creating a hammer on D1.

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