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Analisi Tecnica
TECHNICAL ANALYSIS BY NSFX 01.03.2015
HIGH: | LOW:
The rate is not far from its 2015 low, less than 100 pips and it is likely that it will test it again this week. If the pair should trade below 1.11 then 1.07 should be the next key price and if risk appetite will decrease sharply EurUsd might test 1.03 this month. The pair[...]
TECHNICAL ANALYSIS BY NSFX 27.02.2015
HIGH: | LOW:
On the chart we see a wedge with resistance toward the 1.14 figure area, with support yesterday at the 1.13 figure giving way. Beyond these areas we could expect the 1.1460 resistance to come into play should traders bullish on the Euro hold sway. Bearish breakout could see 1.12 figure offer support going forward.
TECHNICAL ANALYSIS BY NSFX 27.02.2015
HIGH: | LOW:
Cable tested support at 1.5325 this week, should this level hold going forward a bullish trend may materialize. Resistance tested at the 1.55 figure and the 100 day SMA level. Should Sterling continue to rise against the USD we could see the 1.5620 area come into play.