English
Technical Analysis
Ene
29
TECHNICAL ANALYSIS BY NSFX 29.01.2016
HIGH: | LOW:
Given yesterday’s sharp move higher, another key level, which is taken from the 38.2 Fibonacci retracement levels of the November - January range is at 35.50. Oil traded within a narrow range near MA20 at 32.50 zones.
29
TECHNICAL ANALYSIS BY NSFX 29.01.2016
HIGH: | LOW:
As Aussie has rebounded again after finding renewed buying interest at 0.6875 and broke above resistance at 0.6959, the pair is adding credence to our view that a temporary low has been formed at 0.7006.
29
TECHNICAL ANALYSIS BY NSFX 29.01.2016
HIGH: | LOW:
On the daily chart the pair above the level of 1110.00, are likely to continue the upward movement to the 200 moving average. The prices have retreated after forming three-white soldiers.