by gcmasiauser | Apr 27, 2018 | GOLD
GOLD_, H1: Gold price was traded lower after breaking support level at 1321.30. However, golden-cross as formed by MACD signal line would suggest the safe-haven asset price to undergo short-term technical correction to trade higher towards its previous low. Resistance...
by gcmasiauser | Apr 27, 2018 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower prior breaking support level at 68.10. MACD that shows increasing downward momentum would suggest the commodity price to extend its losses towards the support at 200-MA line. Resistance level: 68.10, 68.40 Support level:...
by gcmasiauser | Apr 27, 2018 | USD/JPY
USDJPY, H4: USDJPY was traded higher prior gaining its support at 109.20. However, death-cross as shown by MACD signal line would suggest the pair to trade lower if breakout at its previous high is successful. Resistance level: 109.70, 110.20 Support level: 109.20,...
by gcmasiauser | Apr 27, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded lower prior breaking support level at 1.2160. MACD that portrays ongoing downside momentum would suggest the pair to extend its losses towards the support level at 1.2050. Resistance level: 1.2160, 1.2240 Support level: 1.2050, 1.1940...
by gcmasiauser | Apr 27, 2018 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower prior breaking support level at 1.3970 and the pair is currently testing the next support level at 1.3900. It is suggested to wait for confirmation breakout of candlestick before entering the next trade. Resistance level: 1.3970,...