by chery | May 23, 2019 | AUD/USD
AUDUSD, H4: AUDUSD was traded flat below the 20-MA line (green). Due to lack of momentum and signal from the MACD, a breakout below the support level 0.6860 or resistance level 0.6915 is required for further confirmation before entering the market. Resistance...
by chery | May 23, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded higher following prior rebound from the support level 110.20. However, MACD which display bearish momentum and the formation of death cross suggest the pair to be trade lower towards the support level 110.20. Resistance level:...
by chery | May 23, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level 1.1180. MACD which display bearish bias signal suggest the pair to extend its retracement towards the support level 1.1120. Resistance level: 1.1180, 1.1240 Support level:...
by chery | May 23, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.2690. MACD which display diminished bullish momentum suggest the pair to extend its losses towards the support level 1.2615. Resistance level: 1.2690, 1.2785 Support...
by chery | May 23, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing the resistance level 97.95. MACD which illustrate bullish bias signal suggest index to extend its gains after successfully breaking above the resistance level. Resistance level: 97.95,...