by gcmasiauser | Apr 10, 2018 | USD/JPY
USDJPY, H1: USDJPY was traded higher after rebound from support level at 106.60. MACD histogram that shows diminishing bearish momentum would suggest the pair to undergo short-term technical correction to trade higher towards the resistance by descending trend line....
by gcmasiauser | Apr 10, 2018 | EUR/USD
EURUSD, H1: EURUSD was traded lower prior retracement from resistance level at 1.2330. Negative divergence as displayed by MACD histogram would suggest the pair to undergo short-term technical correction to trade lower towards the support level at 1.2300. Resistance...
by gcmasiauser | Apr 10, 2018 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher prior gaining its support above 23.6 Fibonacci level. Formation of pin bar candlestick and diminishing bearish momentum as displayed by MACD histogram would suggest the pair to extend its gains towards the resistance level at...
by gcmasiauser | Apr 10, 2018 | Daily Analysis
10 April 2018 Daily Analysis Trump’s tweet sent dollar to a lower ground. Dollar index was down 0.26% against a trade-weighted basket of major currencies to 89.47 following U.S. President Donald Trump’s criticism on current trade...
by gcmasiauser | Apr 9, 2018 | USD/CAD
USDCAD, H4: USDCAD was traded lower prior breaking support level at 1.2780. However, golden-cross as displayed by MACD signal line would suggest the pair to extend its gains if breakout at the previous low is successful. Resistance level: 1.2780, 1.2910 Support level:...