by chery | Apr 22, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded flat near the resistance level 112.00. Due to lack of momentum from the MACD, a breakout above or retracement from the resistance level is required for further confirmation before entering the market. Resistance level: 112.00,...
by chery | Apr 22, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower while currently testing near the support level 1.1230. MACD which illustrate persistent bearish momentum suggest the pair to extend its losses after successfully breaking below the support level. Resistance level: 1.1280,...
by chery | Apr 22, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.3010. However, MACD which illustrate bullish bias signal suggest the pair to undergo short-term technical correction and traded higher back to the resistance level. ...
by chery | Apr 22, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower while currently testing the support level 97.00. MACD which illustrate diminishing bullish momentum suggest index to extend its losses after successfully breaking below the support level. Resistance level: 97.60,...
by chery | Apr 22, 2019 | Daily Analysis
22 April 2019 Afternoon Session Analysis Dollar rose on post-holiday following positive data. Dollar index was traded higher against its basket of six major currency pairs as market remains optimistic on relative strength of U.S economy....