by chery | May 7, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level 110.95. MACD which illustrate bearish bias signal suggest the pair to extend its retracement towards the support level 110.30. Resistance level: 110.95, 111.35 Support...
by chery | May 7, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded higher following prior rebound from the support level 1.1185. MACD which illustrate bullish bias signal suggest the pair to extend its rebound towards the resistance level 1.1240. Resistance level: 1.1240, 1.1305 Support level:...
by chery | May 7, 2019 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher while currently testing near the resistance level 1.3105. MACD which display diminishing bearish momentum suggest the pair to extend its gains after successfully breaking above the resistance level. Resistance level: 1.3105,...
by chery | May 7, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following recent retracement from the 60-MA line (red). However, due to lack of momentum and signal from the MACD, a breakout above or below the resistance and support level is required to obtain further confirmation...
by chery | May 7, 2019 | Daily Analysis
7 May 2019 Morning Session Analysis Aussie recovers ahead of RBA meeting, dollar flat. Dollar index remain traded flat in a range against a basket of six major currency rivals as the uncertainty in trade tension between U.S and China...