by gcmasiauser | Mar 7, 2018 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following failure to break resistance by 200-MA line. MACD histogram that displays diminishing bullish momentum would suggest the commodity price to extend its losses if breakout at the support level 61.80 is successful....
by gcmasiauser | Mar 7, 2018 | USD/JPY
USDJPY, H4: USDJPY was traded higher prior rebound from support level at 105.20. However, MACD histogram that portrays diminishing bullish momentum would suggest the pair to extend its losses towards the previous low. Resistance level: 106.70, 107.80 Support level:...
by gcmasiauser | Mar 7, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded higher following successful breakout at resistance level 1.2390. Arrangement of bullish candlesticks and MACD histogram that displays ongoing bullish momentum would suggest the pair to extend its gains towards the resistance level at...
by gcmasiauser | Mar 7, 2018 | GBP/USD
GBPUSD, Daily: GBPUSD was traded higher after it breaks resistance level at 1.3860. MACD histogram that portrays diminishing bearish momentum would suggest the pair to extend its gains towards the resistance level at 1.4070. Resistance level: 1.4070, 1.4370 Support...
by gcmasiauser | Mar 7, 2018 | Daily Analysis
07 March 2018 Daily Analysis Trade jitters hit on dollar. Dollar index fell against its major peers by 0.40% to 89.44 as of writing following increased concern by market participants that economic adviser Gary Cohn could resign from the...