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Technical Analysis
Feb
15
TECHNICAL ANALYSIS BY NSFX 15.02.2016
HIGH: | LOW:
AUDUSD pair fell during the course of the week but turned back around off of the 0.7000 level to form a hammer. Outlook in AUDUSD is unchanged after indecisive price actions last week. The pair opened the week at 0.7084 and dropped to a low of 0.6972.
15
TECHNICAL ANALYSIS BY NSFX 15.02.2016
HIGH: | LOW:
Gold has now broken through numerous resistance zones & while our broader outlook remains higher, we will want to tread lightly here on the back this recent advance. The 300-day moving average itself turned higher this week.
15
TECHNICAL ANALYSIS BY NSFX 15.02.2016
HIGH: | LOW:
USD edged lower on Friday, but close the week generally lower across the board. EURUSD pair broke higher during the course of the week but gave back about half of the gains. The pair's rally extended last week.