by gcmasiauser | Mar 8, 2018 | USD/JPY
USDJPY, H4: USDJPY was traded higher after rebound from support level at 105.30. MACD signal line that portrays a hidden positive divergence would suggest the pair to extend its gains towards the resistance level at 106.75. Resistance level: 106.75, 107.80 Support...
by gcmasiauser | Mar 8, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded higher prior gaining its support at 1.2390. However, MACD signal line that portrays a death-cross would suggest the pair to undergo short-term technical correction to trade lower towards its previous high. Resistance level: 1.2450, 1.2540...
by gcmasiauser | Mar 8, 2018 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher after breaking resistance level at 1.3890. MACD histogram that portrays diminishing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower before extending its gains. Resistance level:...
by gcmasiauser | Mar 8, 2018 | Daily Analysis
08 March 2018 Daily Analysis ECB in focus, Trump’s trade rhetoric tumbles dollar. Dollar index was traded lower against a basket of major currencies by 0.11% to 89.55 following ongoing market concerns over imposition of new U.S. import...
by gcmasiauser | Mar 7, 2018 | GOLD
GOLD_, H1: Gold price was traded higher following breakout at resistance level 1335.20. However, MACD histogram that shows diminishing bullish momentum would suggest the safe-haven asset price to extend its losses if breakout at its previous high is successful....