Technical Analysis

Mar 04

TECHNICAL ANALYSIS BY NSFX 04.03.2016

by: Nati

HIGH: | LOW:

AUDUSD trading up printing a yearly high this session of 0.7324 just below the 0.7330 resistance level. Support could now be expected in the 0.7250 area, the resistance turned support from February 2016. Breakout to the upside could see the 0.7380 to the 0.74 figure level eyed.

Feb 29

TECHNICAL ANALYSIS BY NSFX 29.02.2016

HIGH: | LOW:

We are currently at 113.96. Good demand/support into 112.50 but equally seeing supply above 113.00. USDJPY is expected to continue its advance. The pair continued its rebound from 110.96 support during last week’s trading session but found resistance at 114.86.

29

TECHNICAL ANALYSIS BY NSFX 29.02.2016

HIGH: | LOW:

Good demand into 0.7200 but also supply around 0.7250. AUDUSD is turning lower at the moment and looks like we may see a new big three wave fall next week, even back to 0.7000 psychological level if the price will be able to close beneath 0.7144 swing level.