by chery | May 14, 2019 | AUD/USD
AUDUSD, H4: AUDUSD was traded lower after breaking below previous support level 0.6970. However, MACD which display diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound back towards the resistance level at 0.6970. ...
by chery | May 14, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 109.55. MACD which display bullish bias signal suggest the pair to extend its gains after successfully closing above the resistance level. Resistance level: 109.55, 110.10...
by chery | May 14, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded higher while currently testing the resistance level at 1.1240. However, MACD which display diminishing bullish momentum suggest the pair to undergo short-term technical correction and retrace towards the support level 1.1185. ...
by chery | May 14, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior breakout below previous support level at 1.3000. MACD which display bearish momentum suggest the pair to extend its losses towards the support level 1.2925. Resistance level: 1.3000, 1.3105 Support level:...
by chery | May 14, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index remained traded flat above the support level 97.00. Due to lack of signal and momentum from the MACD, a breakout below or rebound from the support level is required to obtain further confirmation before entering the market. ...