by gcmasiauser | Feb 27, 2018 | USD/JPY
USDJPY, H1: USDJPY was traded lower prior failure to break resistance level at 107.10. Death-cross as formed by MACD signal line would suggest the pair to extend its losses if breakout at the 200-MA line and support level 106.75 is successful. Resistance level:...
by gcmasiauser | Feb 27, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded within consolidation without an obvious signal from both candlestick pattern formation and MACD histogram. A breakout is required for the pair to grasp a clearer indication on the next direction. Resistance level: 1.2350, 1.2425 Support...
by gcmasiauser | Feb 27, 2018 | GBP/USD
GBPUSD, H1: GBPUSD was traded lower prior breaking support at the 200-MA line. However, MACD histogram that portrays diminishing bearish momentum would suggest the pair to undergo short-term technical correction to trade higher towards its previous low. Resistance...
by gcmasiauser | Feb 27, 2018 | Daily Analysis
27 February 2018 Daily Analysis Powell’s testimony in focus today. Dollar index was consolidating the 90.0 handle with less volume while market participants are looking ahead to Fed Chairman Powell’s testimony before the...
by gcmasiauser | Feb 26, 2018 | USD/CAD
USDCAD, H1: USDCAD was traded lower prior breaking support level at 1.2660. However, MACD histogram that portrays diminishing bearish momentum would suggest the pair to trade higher if breakout at the previous low is successful. Resistance level: 1.2660, 1.2720...