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Forex market reviews

30 November 2016

Market sessions

Tomasz Wisniewski

Daily analytical report (30/11/16)

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OPEC and oil, EURUSD, NZDUSD, gold, silver and AUDUSD.
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Market sessions

Gabriel Ojimadu

EUR/USD: expected formation of V-shaped pattern

On Tuesday the euro closed up, despite the rate repeatedly returning to 1.0565. By the end of the day, a V-shaped pattern had formed. Over the last few days a W-shaped pattern has formed. The dollar received support from American stats and a fall in oil.
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29 November 2016

Market sessions

Gabriel Ojimadu

EUR/USD: W-shaped pattern could form

On Monday, euro trading finished up by 2 points. The sellers were able to fully win back their losses incurred during the Asian session. Pressure on the USD came from a fall in American state bond yields.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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