by gcmasiauser | Apr 11, 2018 | EUR/USD
EURUSD, H1: EURUSD was traded higher within an ascending channel prior breaking resistance level at 1.2350. However, death-cross as formed by MACD signal line would suggest the pair to extend its losses if breakout at the 50.0 Fibonacci level is successful. Resistance...
by gcmasiauser | Apr 11, 2018 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher within an ascending wedge after breaking resistance level at 1.4160. However, negative divergence as portrays by MACD signal line would suggest the pair to undergo short-term technical correction to extend its losses towards its...
by gcmasiauser | Apr 11, 2018 | Daily Analysis
11 April 2018 Daily Analysis Dollar-bull fails over a siege by other major currencies. Dollar index fell 0.13% against a basket of major currencies to 89.25 as of writing despite the release of optimistic producer inflation data...
by gcmasiauser | Apr 10, 2018 | GOLD
GOLD_, H1: Gold price was traded lower prior retracement from resistance level at 1337.70. MACD histogram that portrays decreasing bullish momentum would suggest the safe-haven asset price to undergo short-term losses to retest its previous high. Resistance level:...
by gcmasiauser | Apr 10, 2018 | Crudeoil
CrudeOIL, H4: Crude oil price was trade higher after breaking resistance level at 63.00. MACD histogram that portrays increasing bullish momentum would suggest the commodity price to extend its gains towards the trend line of descending channel. Resistance level:...