Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 08.03.2015
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The pair made a multiple top at 185 but then lost ground and went below the supply line generated last December. If the rate will trade below its 55EMA support is likely a test of the 200SMA and then the multiple bottom in area 175.7. A breakout of 185 can lift the rate to the[...]
TECHNICAL ANALYSIS BY NSFX 08.03.2015
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In 7 trading session the rate lost 500 pips and it might reach again its 2015 low at 1.4950. Below this level GbpUsd can slide to 1.45. A breakout above 1.55 can create positive market sentiment in a long term bearish scenario, considering that the 200SMA at 1.5940 is more than 900 pips from current[...]
TECHNICAL ANALYSIS BY NSFX 08.03.2015
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The commodity broke the demand line that was generated 4 months ago and it might test area 1131, the 2014 low. Below this level area 1070 and then 1000 will be the next relevant supports. If Gold would make a pullback at 1201 and then rise above this level it might test 1240 area. The[...]