by gcmasiauser | Apr 26, 2018 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher prior rebound from support level at 1.3910. Golden-cross as displayed by MACD signal line would suggest the pair to extend its gains towards the resistance level at 1.3960. Resistance level: 1.3960, 1.4020 Support level: 1.3910,...
by gcmasiauser | Apr 26, 2018 | Daily Analysis
26 April 2018 Daily Analysis Dollar rises above 90.0 key level following steeper yield curve. Dollar index was traded higher against a trade-weighted basket of major currencies by 0.45% to 90.95 as of writing following a rise in...
by gcmasiauser | Apr 25, 2018 | GOLD
GOLD_, H1: Gold price was traded higher after breaking resistance level at 1327.50. However, diminishing bullish momentum as shown by MACD would suggest the safe-haven asset price to extend its losses towards the support level at 1327.50. Resistance level: 1334.30,...
by gcmasiauser | Apr 25, 2018 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower after breaking support level at 68.40. MACD that shows increasing bearish momentum would suggest the commodity price to extend its losses if breakout at the support level 67.70 is successful. Resistance level: 68.40,...
by gcmasiauser | Apr 25, 2018 | USD/JPY
USDJPY, H1: USDJPY was traded higher prior rebound from trend line of ascending channel. MACD that portrays diminishing bearish momentum would suggest the pair to extend its gains towards the resistance level at 109.10. Resistance level: 109.10, 109.70 Support level:...