English
Technische Analyse
Nov.
04
TECHNICAL ANALYSIS BY NSFX 04.11.2015
HIGH: | LOW:
As we can see on D1 chart, we believe that the market ultimately will break out above the top of the recent consolidation area, but that is not until we get above the 121.50 level. The pair was able to get back above the 200 day MA.
04
TECHNICAL ANALYSIS BY NSFX 04.11.2015
HIGH: | LOW:
As we can see on the D1 chart, oil up over 4% in trading today. From the 48.84 high, we have what appears to be a very larger bullish triangle developing. The price is trading above its 50 days moving average.
04
TECHNICAL ANALYSIS BY NSFX 04.11.2015
HIGH: | LOW:
As it can be seen on the D1 chart, we recognize that a move above the 0.7225 level would send the market much higher. A break above would force us to expect a stronger bounce towards 0.7440. Currently 0.7193 clinging onto post RBA gains.