by gcmasiauser | Sep 21, 2017 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower prior its retracement from the top of ascending channel around level 1.36180. Downward slope of MACD histogram suggests the pair to continue its momentum to trade lower, testing the bottom of the ascending channel and support level...
by gcmasiauser | Sep 21, 2017 | Daily Analysis
21 September 2017 Daily Analysis Fed to increase interest rate, dollar bulls in momentum. Dollar index has regained its strength against the other major currencies after a rise of 0.15% to 92.36, after Fed took decision to paring back its...
by gcmasiauser | Sep 20, 2017 | GOLD
GOLD_, H4: Gold price was traded higher prior its rebound from support level at 1304.50. Cross-over of MACD signal line suggests gold price to trade higher toward the resistance level at 1321.35. Resistance level: 1321.35, 1334.85 Support level: 1304.50,...
by gcmasiauser | Sep 20, 2017 | Crudeoil
CrudeOIL, H4: Price of crude oil was traded lower prior its retracement from resistance level at 50.80. Downward slope of MACD histogram indicates the price of crude oil to decrease, testing the support level at 50.15. Resistance level: 50.80, 52.00 Support level:...
by gcmasiauser | Sep 20, 2017 | USD/JPY
USDJPY, Daily: USDJPY was traded higher prior breaking above resistance by 200-MA line. The pair is currently testing resistance level at 111.65. Successful breakout of the resistance level would indicate the pair to further its upward momentum toward the next...