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11
TECHNICAL ANALYSIS BY NSFX 11.02.2016
HIGH: | LOW:
Oil price started a small retracement after its recent decline halted above a multi-year low and current bottom at 23.00. The market started to trade bearishly below 29.05 after recording 29.10.
11
TECHNICAL ANALYSIS BY NSFX 11.02.2016
HIGH: | LOW:
The price has come into the 78.6% Fibonacci retracement at 0.7220 levels before turning back lower 260 pips. Potential bearish cypher pattern on the chart is completing at 0.7184. AUDUSD is testing the 100 ma that stands at 0.7094 currently.
11
TECHNICAL ANALYSIS BY NSFX 11.02.2016
HIGH: | LOW:
The move in Gold over the past week or so has captured a lot of attention and is rather exciting as it is the first real evidence of an impending behavioral change in the precious metals complex.