Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 19.07.2015
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Gold made a double bottom at 1130.82 and if the commodity should slide below 1125, a confirmation of the violation of the multiyear low 1130, would be likely to see the shiny metal to drop to 1060 and then 1000. Only a breakout of the medium term supply line can create positive momentum trading that[...]
TECHNICAL ANALYSIS BY NSFX 19.07.2015
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The rate dropped for three consecutive sessions and might test the dynamic support in area 1.0745. Below this level the rate might test the multiyear low 1.0456 and if this static support will fail EurUsd will have high probability to test the parity. Above the short term supply line generated last month there is the[...]
TECHNICAL ANALYSIS BY NSFX 17.07.2015
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Downside action and a close below the 187 figure leads to a test of the 184.70 level and the 100 day SMA and the coinciding 50% level on Fibo connecting low of April and June high. This level held over the previous days and bullish traders could see the 195 figure area of resistance could[...]