by chery | May 17, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded lower following prior retracement from the 50 Moving Average (Blue). MACD which display diminishing bullish suggest the pair to extend its retracement toward the support level at 109.55. Resistance level: 110.05, 110.35 Support...
by chery | May 17, 2019 | EUR/USD
EURUSD, H1: EURUSD was traded higher following prior breakout above the previous resistance level at 1.1175. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 1.1210. ...
by chery | May 17, 2019 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower following prior breakout below the previous support level at 1.2805. MACD which illustrate bearish momentum suggest the pair to extend its losses toward the support level at 1.2735. Resistance level: 1.2805, 1.2905 Support...
by chery | May 17, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing the resistance level at 97.60. However, MACD which illustrate diminishing bullish momentum suggest the index to be traded lower in short term toward the support level at 97.40. Resistance...
by chery | May 17, 2019 | Daily Analysis
17 May 2019 Afternoon Session Analysis Kiwi pressured by downbeat data, Yen gains. New Zealand dollar was quoted higher by 0.06% to 0.6535 after being pressured by lower than expected PPI reading. Earlier today, New Zealand released its...
