English
Technical Analysis
TECHNICAL ANALYSIS BY NSFX 25.02.2016
HIGH: | LOW:
Nearby resistance in the 1.1050 area (200-ma) helps provide selling interest for a move lower. Just as the daily chart of EURUSD was overbought at the high 2 weeks ago, it is oversold now, and it is at the support of the top of the January trading range.
TECHNICAL ANALYSIS BY NSFX 24.02.2016
HIGH: | LOW:
A major topping pattern has completed in USDJPY. 110.50 is strong demand barrier. JPY is in the critical decision wave of the red price channel. The pair is in a daily corrective structure and oversold.
TECHNICAL ANALYSIS BY NSFX 24.02.2016
HIGH: | LOW:
AUDUSD reached as high as 0.7258 but has faded alongside broad sentiment and commodities.Even though the pair falls back from a fresh monthly high, the pair may continue to retrace the decline from December as long as the Relative Strength Index (RSI) retains the bullish formation from earlier this year.