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Technical Analysis
Feb
19
TECHNICAL ANALYSIS BY NSFX 19.02.2016
HIGH: | LOW:
No change in AUDUSD's outlook. We are bearish against the 0.7245 range highs and look for a move below initial targets near 0.7000 to signal lower towards our greater in the 0.6915 area.
19
TECHNICAL ANALYSIS BY NSFX 19.02.2016
HIGH: | LOW:
The recovery in oil persists as price hovers at a 2-week high. Moving to April settlement, we see chances for resuming the bullishness due to stability above important supports and the bears are getting tired.
19
TECHNICAL ANALYSIS BY NSFX 19.02.2016
HIGH: | LOW:
Gold remained overshadowed by the fierce risk rebound. The prices closed nearer the session high. The MACD continues to trend higher above both its signal line and the “0” level, showing bullish momentum, while the RSI is holding at an elevated level above its own bullish trend line.