Analisi Tecnica

Feb 01

TECHNICAL ANALYSIS BY NSFX 01.02.2016

HIGH: | LOW:

USDJPY is showing signs of a new very strong recovery that can take price even back to the highs seen in 2015 as we see more and more evidences that pair has bottomed at 115.97. The zone of key resistance looks to be 121.50 to just above 122.00, which we are testing now.

01

TECHNICAL ANALYSIS BY NSFX 01.02.2016

HIGH: | LOW:

We have pattern on oil that was formed and had an initial reaction. Crude oil has extended down to a new low, and reached area beneath 30.00 per barrel from where price has turned sharply to the upside.

01

TECHNICAL ANALYSIS BY NSFX 01.02.2016

HIGH: | LOW:

On chart we can see bullish cloud cover so confirmation of short term uptrend. However, the relief rally for this pair is terminated, and we are about to go back to the underlying bearish trend of the market.