by gcmasiauser | May 8, 2018 | USD/JPY
USDJPY, H4: USDJPY was traded lower after breaking support level at 109.20. MACD signal line that shows a death-cross would suggest the pair to extend its losses if candlestick successfully closes below the support level at 109.00 Resistance level: 109.00, 109.20...
by gcmasiauser | May 8, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded lower after breaking support level at 1.1940. However, positive divergence as displayed by MACD signal line would suggest the pair to extend its gains if breakout at the previous low is successful. Resistance level: 1.1940, 1.2010 Support...
by gcmasiauser | May 8, 2018 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower after breaking support level at 1.3600. However, MACD that shows increasing bullish momentum would suggest the pair to trade higher towards the resistance level at 1.3600. Resistance level: 1.3600, 1.3780 Support level: 1.3440,...
by gcmasiauser | May 8, 2018 | Daily Analysis
08 May 2018 Daily Analysis Dollar remains supported over Euro weakness and Bostic’s speech. Dollar index was traded higher against a trade-weighted basket of major currencies by 0.16% to 92.50 as of writing following weakness in the Euro and...
by gcmasiauser | May 7, 2018 | USD/CHF
USDCHF, H1: USDCHF was traded lower prior retracement from trend line of ascending channel. Death-cross as formed by MACD signal line would suggest the pair to trade lower towards its previous high. Resistance level: 1.0035, 1.0095 Support level: 0.9970,...