Technical Analysis – 12th February, 2015

February 12, 2015

Thursday 12th, February 2015

 

Intraday Support & Resistance Levels

 

Technical Indicator Signals

Technical Indicator 12 Feb 2015 | Vantage FX

 

Currency Pair Spotlight

XAUUSD 120215 | Vantage FX

XAUUSD: While investors are still waiting for the confirmed results from Europe, Gold fell 1% and hit the resistance of $1220 per ounce, probably due to the strong Dollar largely reducing the attraction of yellow metal. RSI has fallen below 50, showing this round of fall possibly continuing. Gold prices may rebound to $1240 and then reach the lower boundary of the recent slow upward channel area near $1190-1200.

For a full market wrap up, see Anthony’s Daily Forex Market Report.

 

Today’s Key Economic Calendar Events

Economic Calendar 120215 | Vantage FX

For the full week’s outlook of events, please see our Economic Calendar

 

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