by gcmasiauser | Apr 4, 2018 | Daily Analysis
04 April 2018 Daily Analysis Dollar in misery over trade-war peril. Dollar index was traded lower against its major peers by 0.18% to 89.71 as of writing following rising global trade tensions between U.S. and China while market...
by gcmasiauser | Apr 3, 2018 | GOLD
GOLD_, H1: Gold price was traded lower prior its failure to break resistance level at 1342.80. MACD signal line that shows a death-cross would indicate the safe-haven asset price to undergo short-term technical correction to trade lower towards the support level at...
by gcmasiauser | Apr 3, 2018 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower after breaking support level at 63.30. However, MACD histogram that portrays diminishing bearish momentum would suggest the commodity price to undergo short-term technical correction to trade higher to retest its previous...
by gcmasiauser | Apr 3, 2018 | USD/JPY
USDJPY, H4: USDJPY was traded lower after breaking support level at 106.00. Arrangement of bearish candlesticks and MACD histogram that shows increasing bearish momentum would suggest the pair to extend its losses towards the support level at 105.40. Resistance level:...
by gcmasiauser | Apr 3, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded lower prior retracement from 200-MA line. MACD signal line that portrays a death-cross suggests downside bias for the pair yet a breakout below the 23.6 Fibonacci level and ascending trend line is required to confirm the signal. ...