by chery | Jul 11, 2019 | Daily Analysis
11 July 2019 Morning Session Analysis Dollar falls after Powell’s dovish statement, safe-haven gains. Dollar index measuring against a basket of six major currency pairs fell 0.10% to 96.56 following Federal Reserve (Fed) Chairman Jerome...
by chery | Jul 10, 2019 | GOLD
GOLD_, Daily: Gold price was traded lower while currently testing the 20-MA line (green). MACD which illustrate bearish momentum suggest the commodity to extend its losses towards the support level 1386.35 after successfully breaking below the 20-MA line. ...
by chery | Jul 10, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above previous resistance level 57.95. MACD which illustrate bullish momentum suggest the commodity to extend its gains towards the resistance level 60.20. Resistance level: 60.20, 61.80...
by chery | Jul 10, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded higher while currently testing the resistance level 0.9940. However, MACD which display bearish bias signal with the formation of death cross suggest the pair to undergo short-term technical correction and retrace towards the support...
by chery | Jul 10, 2019 | USD/CAD
USDCAD, H4: USDCAD was traded higher following prior breakout above previous resistance level at 1.3110. MACD which display ongoing bullish momentum suggest the pair to extend its gains towards the resistance level 1.3160. Resistance level: 1.3160, 1.3240...