by chery | Aug 7, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded higher following prior rebound from the support level 1.1185. However, MACD which display diminishing bullish momentum suggest the pair to be traded lower back towards the support level 1.1185. Resistance level: 1.1245, 1.1285...
by chery | Aug 7, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing the 20-MA line (green). MACD which display diminishing bullish momentum suggest the pair to extend its losses after successfully closing below the 20-MA line. Resistance level: 1.2220, 1.2300 Support...
by chery | Aug 7, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from its top levels. However, MACD which illustrate diminishing bearish momentum suggest index to undergo short-term technical correction and rebound towards the resistance level 97.55. ...
by chery | Aug 7, 2019 | Daily Analysis
7 August 2019 Afternoon Session Analysis Kiwi suffered major losses amid huge rate cut. New Zealand Kiwi crashed to multi-month lows after RBNZ delivered an unexpected huge rate cut. The Reserve Bank of New Zealand (RBNZ) have reduce its...
by chery | Aug 5, 2019 | GOLD
GOLD_, H4: Gold price was traded higher while currently testing near the resistance level 1456.50. MACD which display ongoing bullish momentum suggest the commodity to extend its gains after successfully breaking above the resistance level. Resistance level:...