by gcmasiauser | Apr 25, 2018 | EUR/USD
EURUSD, H1: EURUSD was traded lower prior retracement from resistance level at 1.2240. Diminishing bullish momentum as shown by MACD would suggest the pair to extend its losses towards the support zone around 38.2 Fibonacci level. Resistance level: 1.2240, 1.2290...
by gcmasiauser | Apr 25, 2018 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher after breaking resistance level at 1.3960. However, MACD that portrays diminishing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower to retest its previous high. Resistance level:...
by gcmasiauser | Apr 25, 2018 | Daily Analysis
25 April 2018 Daily Analysis Dollar faded over recession of U.S. treasury yields. Dollar index retreated from two-month highs against its major peers by 0.13% to 90.52 as of writing over the backdrop of fading U.S. treasury yields and the release...
by gcmasiauser | Apr 23, 2018 | AUD/USD
AUDUSD, H4: AUDUSD was traded higher prior rebound from trend line and the pair is currently testing to gain support above 0.7660. MACD that portrays diminishing bearish momentum would suggest the pair to trade higher if closure of candlestick above the said support...
by gcmasiauser | Apr 18, 2018 | EUR/USD
EURUSD, H1: EURUSD was traded higher after breaking resistance level at 1.2350. However, MACD that portrays decreasing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower towards its previous high. Resistance level:...