by gcmasiauser | Mar 29, 2018 | EUR/USD
EURUSD, H1: EURUSD was traded lower after breaking support level at 1.2330. However, MACD histogram that portrays diminishing bearish momentum would suggest the pair to undergo short- term technical correction to trade higher before continuing its bearish bias....
by gcmasiauser | Mar 29, 2018 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower prior breaking support level at 1.4100. The pair is currently testing the next support level at 1.4060. MACD histogram that portrays increasing bearish momentum would suggest the pair to extend its losses if closure of candlestick...
by gcmasiauser | Mar 29, 2018 | Daily Analysis
29 March 2018 Daily Analysis Greenback surged on the back of optimistic data! Greenback rose by 0.35% against its major peers to 89.70 following release of a series of economic data that reflected faster-than-expected growth pace in the...
by gcmasiauser | Mar 28, 2018 | GOLD
GOLD_, H1: Gold price was traded higher after rebound from support level at 1342.80. Golden-cross as displayed by MACD signal line would suggest the safe-haven asset price to extend its gains towards the resistance level at 1350.20. Resistance level: 1350.20, 1354.90...
by gcmasiauser | Mar 28, 2018 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher after rebound from support level at 64.60. MACD histogram that shows diminishing bearish momentum would suggest the commodity price to undergo short-term technical correction to trade higher towards the resistance level...