dimanche 5 avril 2015
Gold Poised to Continue Higher, SPX 500 Waiting for Direction Cues
Posted on 22:37 by nice news
US DOLLAR TECHNICAL ANALYSIS – Prices declined as expected after putting in a bearish Evening Star candlestick pattern. Near-term support is in the 11858-86 area (March 18 low, 23.6% Fibonacci retracement), with a break below that on a daily closing basis exposing the 38.2% level at 11679. Alternatively, a turn above the 14.6% Fib expansion at 12066 clears the way for a test of the 12149-77 zone (March 13 high, 23.6% threshold).
US DOLLAR TECHNICAL ANALYSIS – Prices declined as expected after putting in a bearish Evening Star candlestick pattern. Near-term support is in the 11858-86 area (March 18 low, 23.6% Fibonacci retracement), with a break below that on a daily closing basis exposing the 38.2% level at 11679. Alternatively, a turn above the 14.6% Fib expansion at 12066 clears the way for a test of the 12149-77 zone (March 13 high, 23.6% threshold).
US DOLLAR TECHNICAL ANALYSIS – Prices declined as expected after putting in a bearish Evening Star candlestick pattern. Near-term support is in the 11858-86 area (March 18 low, 23.6% Fibonacci retracement), with a break below that on a daily closing basis exposing the 38.2% level at 11679. Alternatively, a turn above the 14.6% Fib expansion at 12066 clears the way for a test of the 12149-77 zone (March 13 high, 23.6% threshold).
Gold Poised to Continue Higher, SPX 500 Waiting for Direction Cues
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