Technical Analysis
TECHNICAL ANALYSIS BY NSFX 27.01.2016
HIGH: | LOW:
Uptrend is still intact in a triangle configuration. The gold price rally is accelerating and took out the previous main top at 1113.70 during the pre-market session, signaling a resumption of the uptrend.
TECHNICAL ANALYSIS BY NSFX 27.01.2016
HIGH: | LOW:
The technical strategy is short at 1.0921. EURUSD has reached the minimum target of the correction and was consolidating at the top of the ascending wave. The pair puts look historically cheap relative to calls across the curve.
TECHNICAL ANALYSIS BY NSFX 26.01.2016
HIGH: | LOW:
USDJPY managed to hold the low of 118.16 but slipped from 118.50. The pair is expected to trade in a higher range and has been trading within a tight range below 38.2% Fibonacci of the last wave.