English
Technical Analysis
Feb
04
TECHNICAL ANALYSIS BY NSFX 04.02.2016
HIGH: | LOW:
It seems that gold has lost the upside momentum as it approached 61.8% Fibo located at 1145.00, which appears on the RSI, while the ADX indicator shows some weakness in the upside trend despite its continuation.
04
TECHNICAL ANALYSIS BY NSFX 04.02.2016
HIGH: | LOW:
Euro has stalled at familiar falling channel top resistance capping attempts at building upside momentum against USD since early December 2015. EURUSD has again reached the upper border of triangle pattern.
Feb
03
TECHNICAL ANALYSIS BY NSFX 03.02.2016
HIGH: | LOW:
There is some technical support at the 38.2% retracement of the late-January rally. Finally, USDJPY is showing signs of a new very strong recovery that can take price even back to the highs seen in 2015, as we see more and more evidence that the pair has bottomed at 115.97.