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Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 12.05.2015
HIGH: | LOW:
Breaking through the 185 figure level of resistance last week, we now could see that level as an area of support . Bullish traders currently seeing the pair test the 187.70 resistance level. A close above this level could see a retest of the 2014 high.
TECHNICAL ANALYSIS BY NSFX 12.05.2015
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 1200 area going forward. Support in the 1180 level area expected should prices drop lower.
TECHNICAL ANALYSIS BY NSFX 12.05.2015
HIGH: | LOW:
The pair seeing Sterling pushing to test the 1.5620 level,an area of interest back in December last year, when we saw a range between this level and the 1.58 figure going back to mid November. A close above the 1.5620 level could then see the 1.58 level eyed by bullish traders.