English
Technical Analysis
Feb
16
TECHNICAL ANALYSIS BY NSFX 16.02.2016
HIGH: | LOW:
In the 4 hours chart, the 20 MA is well above the current level, while the technical indicators have lost their bearish potential near oversold readings, also supporting the case of a short term recovery.
Feb
15
TECHNICAL ANALYSIS BY NSFX 15.02.2016
HIGH: | LOW:
The next target comes in against the trend line at 113.57 and then the 100 hour MA at 113.79. This year financial markets have been in Risk Off mode, and as a result USDJPY carry trade has reversed considerably in 2016.
15
TECHNICAL ANALYSIS BY NSFX 15.02.2016
HIGH: | LOW:
The main causes are the falling price of oil and a decline in global growth. The crude market rose during the day on Friday, after gapping higher at the open. Crude oil dipped to 26.05 last week but recovered quickly since then.