Technical Analysis
TECHNICAL ANALYSIS BY NSFX 20.03.2016
HIGH: | LOW:
EurUsd is trading above the most relevant moving averages using a daily timeframe. A breakout of 1.1458 can lift the rate to test the higher side of the medium term trading range in area 1.1710 and in case buyers will lift the rate is possible to see EurUsd in area 1.19. Below 1.1042 EurUsd can[...]
TECHNICAL ANALYSIS BY NSFX 20.03.2016
HIGH: | LOW:
The rate made 2 bullish spike on the lower side of the trading range 111.03-114.74. Beneath the static support UsdJpy can test 110 and then 105.31. If the rate will make a breakout of 114.74 it may test 116.11 and then the supply line and the 200SMA, both in area 119.5. Volatility is below its[...]
TECHNICAL ANALYSIS BY NSFX 20.03.2016
HIGH: | LOW:
The commodity found support on the 21SMA and may test the 2016 high in area 1,282. Above this level the shiny metal should test near 1,307. A breakout of this area can lift Gold to test the supply line generated from the historical top. The dynamic resistance should be in area 1,370. In case of[...]