by gcmasiauser | May 23, 2018 | Daily Analysis
23 May 2018 Daily Analysis Dollar retraces ahead FOMC meeting minutes. Dollar index was down 0.08% against a trade-weighted basket of major currencies to 93.40 as of writing following absence of economic catalysts while investors sold...
by gcmasiauser | May 21, 2018 | USD/CHF
USDCHF, H4: USDCHF was traded higher prior rebound from support level at 0.9960. MACD signal line that shows weakness of downside momentum would suggest the pair to extend its gains if breakout at the resistance level 0.9990 is successful. Resistance level: 0.9990,...
by gcmasiauser | May 21, 2018 | AUD/USD
AUDUSD, H4: AUDUSD was traded higher prior breaking resistance level at 0.7470. However, absence of significant signal from both candlestick pattern formation and MACD would suggest to wait for confirmation breakout to grasp a clear picture regarding the direction of...
by gcmasiauser | May 21, 2018 | USD/CAD
USDCAD, H1: USDCAD was traded lower prior its failure to break resistance level at 1.2890. Death-cross as shown by MACD signal line would suggest the pair to undergo short-term technical correction to trade lower before continuing its bullish bias. Resistance level:...
by gcmasiauser | May 21, 2018 | NZD/USD
NZDUSD, H1: NZDUSD was traded lower after breaking support level at 0.6920. Death-cross as displayed by MACD signal line would suggest the pair to extend its losses towards the support level at 0.6880. Resistance level: 0.6920, 0.6950 Support level: 0.6880,...