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Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 10.05.2015
HIGH: | LOW:
The rate made a double top after it could not rise above its 200SMA. The 21SMA just crossed the 55EMA, thus trend followers might add long position and push for a breakout. 1.60 can be considered the short term target and above this level the rate can test 1.625 . In case the pair should[...]
TECHNICAL ANALYSIS BY NSFX 10.05.2015
HIGH: | LOW:
EurUsd is making higher highs and higher lows, a positive trend that was generated last month and it can be seen as a channel. The 21SMA is crossing the 55EMA and this is another bullish factor. The rate can test the 200SMA, now at 1.1760 and above this dynamic level it can reach the static[...]
TECHNICAL ANALYSIS BY NSFX 08.05.2015
HIGH: | LOW:
Support in the 118.70 area expected the monthly low, a break below could target the 118 figure and then possibly the 117.20 area to the downside. Resistance tested when bullish traders reentered the market towards the 119.80 to 120 figure level, and pushing through to test but failing to breakout.