by chery | May 3, 2019 | NZD/USD
NZDUSD, H4: NZDUSD was traded higher following prior rebound from low-levels. MACD which display diminishing bearish momentum suggest the pair to extend its rebound towards the resistance level 0.6635. Resistance level: 0.6635, 0.6670 Support level: 0.6580,...
by chery | May 3, 2019 | AUD/USD
AUDUSD, H4: AUDUSD was traded lower while currently testing the support level 0.6990. However, MACD which display diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound towards the resistance level 0.7050. ...
by chery | May 3, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded flat near the 20-MA line (green). Due to lack of signal and momentum from the MACD, a breakout above the resistance level 111.75 or below the support level 111.35 is required for further confirmation before entering the market. ...
by chery | May 3, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower after breaking below previous support level at 1.1185. MACD which display bearish momentum suggest the pair to extend its losses towards the support level 1.1145. Resistance level: 1.1185, 1.1240 Support level: 1.1145,...
by chery | May 3, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retracement from higher-levels. MACD which illustrate bearish momentum with the formation of death cross suggest the pair to extend its retracement towards the support level 1.3015. Resistance level: 1.3105,...