by gcmasiauser | Apr 13, 2018 | Daily Analysis
13 April 2018 Daily Analysis Dollar regains strength after Trump backtracked his aggressive stance. Dollar index was traded higher against a weighted basket of major currencies by 0.30% to 89.43 as of writing following easing of...
by gcmasiauser | Apr 12, 2018 | GOLD
GOLD_, H4: Gold price was traded lower prior breaking support level at 1354.90. Formation of dark cloud cover candlestick pattern and MACD that displays ongoing bearish momentum would suggest the safe-haven asset price to extend its losses if breakout at the next...
by gcmasiauser | Apr 12, 2018 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher after breaking resistance level at 66.60. However, MACD histogram that portrays diminishing bullish momentum would suggest the commodity price to undergo short-term losses to retest its previous high. Resistance level:...
by gcmasiauser | Apr 12, 2018 | USD/JPY
USDJPY, H1: USDJPY was traded higher after rebound from support level at 106.70. The pair is currently testing resistance level at 106.80. MACD signal line that shows a golden-cross would suggest the pair to continue its bullish momentum if candlestick successfully...
by gcmasiauser | Apr 12, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded lower prior retracement from resistance level at 1.2380. MACD histogram that displays diminishing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower before extending its bullish bias....