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Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 07.06.2015
HIGH: | LOW:
The rate made a bearish spike not far from the 1.1464 static resistance and then retraced to test the 55EMA dymanic support. EurUsd might develop a medium term trading range with higher band at 1.1464 and lower band at 1.0468. Below this area the pair should test the parity; above the higher band EurUsd will[...]
TECHNICAL ANALYSIS BY NSFX 05.06.2015
HIGH: | LOW:
We see selling pressure push as low as the 100 day SMA offering support currently at 1.5160 A break below could see the 1.51 figure level and then the 1.5030 area come into play. We saw bullish sentiment pass the resistance in the 1.5325 area and now we are testing the 200 day SMA area[...]
TECHNICAL ANALYSIS BY NSFX 05.06.2015
HIGH: | LOW:
Should the price of gold decline further we could see the development of a head and shoulders pattern on the daily chart. Resistance expected towards the 1225 area going forward. Support in the 1200 level area the 1180 area giving way, 1170 could now offer support, with 1150 the next support level expected.