Technical Analysis

Mar 27

TECHNICAL ANALYSIS BY NSFX 27.03.2016

HIGH: | LOW:

The rate made a double top in area 1.1356 and may test soon the 200SMA, now in area 1.1030. Beneath this dynamic level there is the demand line that links higher lows generated the last December. If EurUsd should break this medium term bullish trendline is likely a test of the last march lows in[...]

27

TECHNICAL ANALYSIS BY NSFX 27.03.2016

HIGH: | LOW:

The rate found support at 110.95 and rose for 5 consecutive sessions. Next test the static resistance in area 114.86 and above this level the rate may test the medium term supply line that links lower lows generated  the last December. Above this dynamic resistance the rate may reach a multiyear high 130. Below 110.95[...]

Mar 24

TECHNICAL ANALYSIS BY NSFX 24.03.2016

by: Nati

HIGH: | LOW:

Resistance forming a double top with highs of 1.1376 and 1.1342  for February and March respectively, with a low of 1.0821 earlier this month we could retest this level should the 1.1070 area and the 1.10 figure level areas of support give way.