by gcmasiauser | May 16, 2018 | EUR/USD
EURUSD, H1: EURUSD was traded lower after breaking support level at 1.1840. However, golden-cross as displayed by MACD signal line would suggest the pair to undergo short-term technical correction to trade higher before continuing its downside bias. Resistance level:...
by gcmasiauser | May 16, 2018 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher prior rebound from support area around 1.3440. Successful breakout above current resistance level at 1.3500 would indicate the pair to undergo short-term technical correction to trade higher towards the next resistance level at...
by gcmasiauser | May 16, 2018 | Daily Analysis
16 May 2018 Daily Analysis Greenback propelled on bullish track following a break of Treasury yields above 3%. Dollar index was traded higher against its major peers by 0.58% to 93.15 as of writing on the back of rising U.S. bond yields above 3%...
by gcmasiauser | May 15, 2018 | GOLD
GOLD_, H1: Gold price was traded lower after breaking 200-MA line. However, MACD signal line that hovers upward would suggest the safe-haven asset price to undergo short-term technical correction to trade higher if candlestick successfully closes above the MA line....
by gcmasiauser | May 15, 2018 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher prior rebound from support level at 70.65. However, MACD signal line that is about to form a death-cross would suggest the pair to undergo short-term technical correction to trade lower to retest its previous high....
