Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 28.04.2015
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Resistance towards the 1.5030 area finally giving way last week, and we could see this level again offering support in the near term. Trend-line resistance tested connecting the highs from July ’14 and Feb ’15 also giving way.
TECHNICAL ANALYSIS BY NSFX 28.04.2015
HIGH: | LOW:
Breaking resistance towards the 50 day SMA and the weekly high from last week towards 1.0850. The 1.09 figure comes into play as resistance at the current test. We saw the Euro falling to the test of support at the 1.07 figure area last Wednesday. A close below this level could see the 1.06 figure[...]
TECHNICAL ANALYSIS BY NSFX 26.04.2015
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The rate made a double bottom in area 1.2100 and below this level it might test the 200SMA at 1.18. In case the pair will rise above the resistance at 1.236 and the short term supply line as well that links lower highs generated last months then is very likely that UsdCad can make a[...]