by gcmasiauser | Nov 10, 2017 | Crudeoil
CrudeOIL, H1: Crude oil price was traded in consolidation with absence of obvious signal from both candlestick pattern and MACD signal line. It is suggested to wait for breakout to occur for clearer indication of the price movement for the commodity. Resistance level:...
by gcmasiauser | Nov 10, 2017 | USD/JPY
USDJPY, H1: USDJPY was traded within descending channel and the pair was traded higher prior rebound from support level at 113.35. Formation of positive divergence by MACD histogram suggest the pair to extend its gains toward the resistance level at 113.70. Resistance...
by gcmasiauser | Nov 10, 2017 | EUR/USD
EURUSD, H4: EURUSD was traded higher after breaking resistance level at 1.1615. Formation of pin bar and positive divergence by MACD signal line suggest the pair to extend higher toward the next resistance level at 1.1670. Resistance level: 1.1670, 1.1745 Support...
by gcmasiauser | Nov 10, 2017 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher prior rebound from support level at 1.3110. Hidden positive divergence as formed by MACD histogram suggest the pair to trade higher prior breaking the trend line of descending triangle. Resistance level: 1.3215, 1.3320 Support...
by gcmasiauser | Nov 10, 2017 | Daily Analysis
10 November 2017 Daily Analysis Tax reform delays bullish greenback. Dollar index rebounded from its weekly losses earlier during the Asian trading session following investors’ disappointment with delayed expected corporate tax...