Technische Analyse
TECHNICAL ANALYSIS BY NSFX 21.12.2015
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EURUSD pair ended the last week lower, although it managed to bounce on Friday from a low set at 1.0804. Except the pair sees a reversal of its past week losses, EURUSD remains bearish below 1.1059 zone, representing its 15/12/2015 low.
TECHNICAL ANALYSIS BY NSFX 21.12.2015
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We think the advance in Gold will start the week after Christmas. Ichimoku is heading down, Chinkou Span is below the chart, and the price is below the lines. Gold is being oversold and completed a 100% extension from the decline off the monthly high before reversing.
TECHNICAL ANALYSIS BY NSFX 21.12.2015
HIGH: | LOW:
AUDUSD started the last week at 0.7164 and quickly touched a high of 0.7283, putting pressure on resistance at 0.7284. The pair made a break below the 100 day MA. We expect the currency to catch up so remain bearish.