Análisis Técnico Institucional para el día 5 de noviembre del 2015

Análisis Técnico Institucional para el día 5 de noviembre del 2015

EUR: Despite of the euro negative tone, new relative low at 1.0842, the important 1.0808/18 support could restrain in the short term the ongoing leg. Good moment to reduce shorts position and adjust stops. Below, no references until the 1.0710 today´s map bottom and the 1.0520 – 1.0456, April and March year´s low.

GBP: Still above the 1.5340/57 short term support and 61.8% retrace that keeps alive the up structure started at 1.5240.

EURGBP: The cross maintains the down path just quoted 0.7045, seeking the 0.7023 support and last reference before the 0.6930-46 year’s low area.

EURJPY: Is testing the important 131.30/50 support area that favors a short term reaction that we will play with a tight stop below the 131 figure, probability map bottom for today.

AUD: Two price action ahead within a short term range 0.7051/63 - 0.7222 after the definitive rejection from the down trend line.

NZD: The break of the 0.6618, support and trend line leaves room for an deeper move targeting the support area at 0.6455.