by gcmasiauser | Apr 12, 2018 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following its failure to break resistance level at 1.4190. Death-cross as displayed by MACD signal line would suggest the pair to undergo short-term technical correction to trade lower towards the support level at 1.4160. Resistance...
by gcmasiauser | Apr 12, 2018 | Daily Analysis
12 April 2018 Daily Analysis Is Dollar capable to continue its gains post-FOMC? Dollar index was traded higher against its major peers by 0.32% to 89.14 as of writing post-FOMC meeting minutes. Despite inflation data pointing to a...
by gcmasiauser | Apr 11, 2018 | GOLD
GOLD_, H1: Gold price was traded lower prior retracement from resistance level at 1342.80. Diminishing bullish momentum as displayed by MACD histogram would suggest the safe-haven asset price to extend its losses if breakout at the trend line is successful. Resistance...
by gcmasiauser | Apr 11, 2018 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower prior retracement from resistance level at 65.85. MACD histogram that portrays diminishing bullish momentum would suggest the commodity price to undergo short-term technical correction to trade lower towards its previous...
by gcmasiauser | Apr 11, 2018 | USD/JPY
USDJPY, H1: USDJPY was traded lower prior retracement from trend line of ascending channel. Death-cross as displayed by MACD signal line would indicate the pair to advance its losses towards the support level at 107.00. Resistance level: 107.50, 107.90 Support level:...