ATG WORLD Marketing analysis for November 17

    *EUR/USD*

    EUR/USD:EUR/USD's daily chart shows signs of indecision in the market. Acceptance above that level would invalidate 

    the indecision signal by long wicks attached to Monday's candle and imply a continuation of the recovery rally from 

    the Nov. 11 low of 1.1745 toward the Nov. 9 high of 1.1920. 

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    *GBP/USD*

    GBP/USD:GBP/USD rises over 30 pips after UK’s Frost suggests a trade deal with the EU during early next week. 

    The cable rose immediately after The Sun rolled out news favoring odds of the soft Brexit. 

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    *USD/JPY*

    USD/JPY: USD/JPY is on the back foot around 104.50, unstuck on pure dollar weakness as it gaps down on the hourly 

    DXY chart. Vaccine hopes keep equity markets printing fresh all-time highs, weighing on the safe-haven greenback.

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    *AUD/USD*

    AUD/USD :AUD/USD keeps the bid tone intact above 0.7200, trading close to weekly highs of 0.7330. RBA minutes 

    reiterate no to negative rates, showing readiness for further stimulus. Risk remains positive amid vaccine hopes 

    ahead of a light calendar. 

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    *USD/CAD*

    USD/CAD: The Canadian dollar extends overnight gains on continued coronavirus vaccine optimism. Oil price strength 

    is likely adding to the bullish tone around the loonie. Risk sentiment strengthened on Monday after the biotechnology 

    company Moderna said its experimental COVID-19 vaccine was 94.5% effective in preventing infection.

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    *XAU/USD* 

    Gold: Gold created a long-legged Doji candle on Monday, implying indecision in the market. The immediate bias 

    would remain neutral as long as prices are held within Monday's trading range of $1,864-$1,899. 

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    *WTI CRUDE OIL*

    Gold created a long-legged Doji candle on Monday, implying indecision in the market. The immediate bias would 

    remain neutral as long as prices are held within Monday's trading range of $1,864-$1,899. *IMPORTANT DATA:*

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    *AUD -Monetary Policy Meeting Minutes*

    *ALL - OPEC-JMMC Meetings*

    *USD - Retail Sales m/m*

    *USD - Core Retail Sales m/m*