by gcmasiauser | Nov 9, 2017 | Daily Analysis
09 November 2017 Daily Analysis Kiwi soared after RBNZ meeting minutes. Kiwi was traded higher versus the dollar at 0.6948, adding up 0.24% during the Asian trading hours following Reserve Bank of New Zealand (RBNZ)’s decision...
by gcmasiauser | Nov 8, 2017 | GOLD
GOLD_, H1: Gold price was traded higher after breaking the trend line of descending triangle. Golden-cross as formed by MACD signal line suggests gold price to extend higher toward the resistance level at 1280.00. Resistance level: 1280.00, 1282.60 Support level:...
by gcmasiauser | Nov 8, 2017 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher prior gaining its support at 55.90. Formation of a long bullish candlestick and upward slope of MACD signal line suggest ongoing bullish momentum for the commodity price to trade higher toward the resistance level at...
by gcmasiauser | Nov 8, 2017 | USD/JPY
USDJPY, H4: USDJPY was traded within ascending triangle and it is currently testing the trend line of the triangle. It is suggested to wait for breakout to occur at support level 113.70 for a clearer indication to short the pair. Resistance level: 114.40, 115.30...
by gcmasiauser | Nov 8, 2017 | EUR/USD
EURUSD, H4: EURUSD was traded higher prior its failure to break support level at 1.1570. Formation of modified morning star candlestick pattern and golden-cross by MACD signal line suggest the pair to undergo short-term technical correction to trade higher toward the...