by gcmasiauser | Apr 5, 2018 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher prior gaining its support at 63.10. However, MACD histogram that portrays diminishing bullish momentum would suggest the commodity price to undergo short-term technical correction to trade lower before continuing its...
by gcmasiauser | Apr 5, 2018 | USD/JPY
USDJPY, H4: USDJPY was traded higher prior breaking resistance level at 106.65. The pair is currently testing the resistance by descending trend line. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if the pair...
by gcmasiauser | Apr 5, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded higher prior rebound from support level at 1.2250. The pair is currently testing the resistance level at 1.2290. Positive divergence as displayed by MACD histogram would suggest the pair to extend its gains if breakout at the said...
by gcmasiauser | Apr 5, 2018 | GBP/USD
GBPUSD, H4: GBPUSD was traded in consolidation between resistance level at 1.4090 and support level at 1.4010. Absence of significant signals from both candlestick pattern and MACD would suggest to wait for confirmation breakout to grasp the next movement of the pair...
by gcmasiauser | Apr 5, 2018 | Daily Analysis
05 April 2018 Daily Analysis Greenback muted in anticipation of NFP and Powell’s speech. Greenback was traded in consolidation against its major peers, currently standing at 89.71 following the release of mixed economic data while...