by gcmasiauser | May 18, 2018 | GOLD
GOLD_, H1: Gold price was traded lower after breaking support level at 1290.00. Death-cross that is going to be formed by MACD signal line would suggest the safe-haven asset price to extend its losses towards the support level at 1285.90. Resistance level: 1290.00,...
by gcmasiauser | May 18, 2018 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower prior breaking support level at 71.70. Formation of engulfing candlestick pattern and death-cross as shown by MACD signal line would suggest the commodity price to extend its losses towards the trend line of ascending...
by gcmasiauser | May 18, 2018 | USD/JPY
USDJPY, H4: USDJPY was traded higher prior breaking trend line of ascending wedge. MACD that displays ongoing bullish momentum would suggest the pair to extend its gains towards the resistance level at 111.00. Resistance level: 111.00, 111.70 Support level: 110.40,...
by gcmasiauser | May 18, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded higher prior rebound from support level at 1.1780. Golden-cross as displayed by MACD signal line would suggest the pair to extend its gains towards the resistance level at 1.1830. Resistance level: 1.1830, 1.1920 Support level: 1.1780,...
by gcmasiauser | May 18, 2018 | GBP/USD
GBPUSD, H4: GBPUSD was traded within consolidation with absence of obvious momentum from candlestick pattern formation and MACD. Thus it is suggested to wait for confirmation breakout to grasp the next direction of the pair in the near future. Resistance level:...