by gcmasiauser | May 24, 2018 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower prior its failure to break resistance level at 71.75. MACD signal line that portrays weakness in bullish momentum would suggest the commodity price to extend its losses if candlestick closes below the previous low....
by gcmasiauser | May 24, 2018 | USD/JPY
USDJPY, H1: USDJPY was traded lower after breaking support level at 110.00. Death-cross as displayed by MACD signal line would suggest the pair to extend its losses if candlestick successfully closes below the support level at 109.60. Resistance level: 110.00, 110.40...
by gcmasiauser | May 24, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded higher prior rebound from support level at 1.1680. MACD signal line that shows continuous bearish momentum would suggest the pair to extend its losses to retest the said support level. Resistance level: 1.1730, 1.1780 Support level:...
by gcmasiauser | May 24, 2018 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher prior breaking resistance level at 1.3330. MACD signal line that shows continuous weakness would suggest the pair to continue its losses towards the support level at 1.3330. Resistance level: 1.3400, 1.3450 Support level: 1.3330,...
by gcmasiauser | May 24, 2018 | Daily Analysis
24 May 2018 Daily Analysis Greenback retraces over dovish FOMC statement and Trump’s new tariff plan. Dollar index was down by 0.12% to 93.79 as of writing following dovish FOMC statement while Trump’s new US auto tariff proposal...