by gcmasiauser | Mar 20, 2018 | GOLD
GOLD_, H1: Gold price was traded lower after breaking support level at 1317.15. MACD histogram that portrays diminishing bullish momentum would suggest the safe-haven asset price to undergo short-term losses towards the next support level at 1314.15. Resistance level:...
by gcmasiauser | Mar 20, 2018 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following its failure to break support level at 62.00. However, MACD signal line that shows a death-cross would suggest the commodity price to undergo short-term technical correction to trade lower before continuing its...
by gcmasiauser | Mar 20, 2018 | USD/JPY
USDJPY, H4: USDJPY was traded in consolidation between resistance level at 106.30 and support level at 105.80. A lack of obvious signal from both candlestick pattern and MACD histogram would suggest to wait for confirmation breakout to grasp the next movement of the...
by gcmasiauser | Mar 20, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded higher after breaking resistance level at 1.2300. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if breakout at the resistance by 200-MA line is successful. Resistance level: 1.2350,...
by gcmasiauser | Mar 20, 2018 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher prior breaking resistance level at 1.4020 and the pair is currently testing to stand on its ground on the 50.0 Fibonacci level. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if...