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Technical Analysis
Feb
08
TECHNICAL ANALYSIS BY NSFX 08.02.2016
HIGH: | LOW:
Possible rebound at 35.50. With 27.55 minor supports intact, the rebound from 26.00 short term bottom could still extend higher. Oil remains in a well-defined bearish channel, despite last week's volatility.
08
TECHNICAL ANALYSIS BY NSFX 08.02.2016
HIGH: | LOW:
AUDUSD sold-off sharply on Friday, leading to a lower close for the week. The pair opened the last week at 0.7068 and climbed to high of 0.7242 late in the week, as resistance held at 0.7284. The price pressure channel support.
08
TECHNICAL ANALYSIS BY NSFX 08.02.2016
HIGH: | LOW:
Gold tested a critical resistance zone on Friday at 1156.00 where the 78.6% retracement of the October decline converges on basic trend line resistance extending off the May high, the operative upper median-line parallel extending off the December high.