Technical Analysis

Feb 10

TECHNICAL ANALYSIS BY NSFX 10.02.2016

HIGH: | LOW:

Gold has broken the long term corrective structure to the upside, buying after consolidation above the trend line looks like a very golden idea. Should test support at 1130.00 while below 1189.00.

10

TECHNICAL ANALYSIS BY NSFX 10.02.2016

HIGH: | LOW:

EURUSD is attempting to breakout higher above resistance found at 1.1264. The pair continues consolidating at the top of its ascending structure and moved above the 61.8% retracement level at the 1.1256 level and raced up to the next target at the 1.1370 level.

10

TECHNICAL ANALYSIS BY NSFX 10.02.2016

HIGH: | LOW:

Bias in AUDUSD is neutral. AUDUSD is trading lower, but making a comeback after sell-off drove it into a key short-term retracement. The pair keeps fluctuating near the critical support at 0.6820