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Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 23.08.2015
HIGH: | LOW:
Crude Oil made a pullback in area 43.96 then continued its downtrend. The validity of the medium term supply line generated at 61.15 was confirmed by 2 failed breakout. Now the commodity can slide below 40 to 37 and might test 33, a level traded back in 2008. If a rally should lift the commodity[...]
TECHNICAL ANALYSIS BY NSFX 23.08.2015
HIGH: | LOW:
The rate rose above its 200SMA and closed last Friday near near 100 pips below area 1.1482. This level is important because it is the rate 7 month high and also the level that will test the validity of the supply line generated last year when EurUsd was trading at 1.4. Above 1.1482 the pair[...]
TECHNICAL ANALYSIS BY NSFX 23.08.2015
HIGH: | LOW:
The commodity found resistance against the supply line that links lower highs generated last January. A breakout of this dynamic resistance can lift Gold to 1228: in this scenario the bear market will be ended and market sentiment should turn neutral or positive. Significant trading activity will be found also in area 1305. Below 1132[...]