by chery | May 14, 2019 | Daily Analysis
14 May 2019 Afternoon Session Analysis Greenback succumbed following Trade war escalated. Dollar index which gauge its value against six major currencies stunned amid trade war tension which continues to haunt the global market. Market...
by chery | May 10, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following recent retracement from the resistance level 1287.00. However, due to lack of momentum and clear direction from MACD, a breakout above the resistance level 1287.00 or below the support level 1278.10 is required to...
by chery | May 10, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level 61.75. MACD which illustrate persistent bullish bias signal suggest the commodity to extend its gains towards the resistance level 62.85. Resistance...
by chery | May 10, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded higher while currently testing near the resistance level 1.0160. MACD which illustrate diminishing bearish momentum suggest the pair to extend its gain after it breaks above the resistance level 1.0160. Resistance level: 1.0160,...
by chery | May 10, 2019 | USD/CAD
USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level 1.3475. MACD which display bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 1.3430. Resistance...