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Technical Analysis
Feb
08
TECHNICAL ANALYSIS BY NSFX 08.02.2016
HIGH: | LOW:
EURUSD pair shed some ground, but not enough to support further USD gains in the week now starting, as the pair closed above the 23.6% retracement of the latest daily bullish run. We still have quite a bit of support at the 1.0745 level.
Feb
05
TECHNICAL ANALYSIS BY NSFX 05.02.2016
HIGH: | LOW:
It staged a small bounce from 117.00 but, otherwise, it has been flat or lower. USDJPY is expected to trade in a lower range. The 200-day MA at 121.50 is proving to be formidable resistance.
05
TECHNICAL ANALYSIS BY NSFX 05.02.2016
HIGH: | LOW:
Resistance will be at 35.45, and if bullish momentum is to remain at all, that price should break as well. Oil has put in a near-term bottom. The market bounced rather significantly, as the 30.00 level caused a bit of buying.