by gcmasiauser | Mar 21, 2018 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher prior breaking resistance level at 63.15. MACD histogram that portrays increasing bullish momentum would suggest the commodity price to extend its gains towards the next resistance level at 63.95. Resistance level:...
by gcmasiauser | Mar 21, 2018 | USD/JPY
USDJPY, H1: USDJPY was traded higher prior breaking resistance level at 106.40. MACD histogram that portrays diminishing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower towards its previous high. Resistance level:...
by gcmasiauser | Mar 21, 2018 | EUR/USD
EURUSD, H1: EURUSD was traded higher after breaking resistance level at 1.2240. MACD histogram that portrays diminishing bearish momentum would suggest the pair to undergo short-term technical correction to extend higher before continuing its bearish bias. Resistance...
by gcmasiauser | Mar 21, 2018 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher prior rebound from support level at 1.3980. MACD histogram that portrays diminishing bearish momentum would suggest the pair to trade higher towards the resistance level at 1.4020. Resistance level: 1.4020, 1.4060 Support level:...
by gcmasiauser | Mar 21, 2018 | Daily Analysis
21 March 2018 Daily Analysis FOMC on-eyed; Euro plunged amid fears over trade war. Dollar index rose against a trade-weighted basket of major currencies by 0.47% to 89.86 as of writing following a highly optimistic market sentiment...