by gcmasiauser | Oct 27, 2017 | USD/JPY
USDJPY, H4: USDJPY was trade higher prior breaking resistance level at 114.00. Golden-cross as formed by MACD signal line suggest the pair to extend its gains toward the next resistance level at 114.30. Resistance level: 114.30, 114.95 Support level: 114.00,...
by gcmasiauser | Oct 27, 2017 | EUR/USD
EURUSD, H4: EURUSD was traded lower after breaking support level at 1.1680. Bearish arrangement of candlesticks and MACD histogram that shows increasing downward momentum suggest the pair to extend losses toward the next support level at 1.1615. Resistance level:...
by gcmasiauser | Oct 27, 2017 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher prior rebound from support level at 1.3115. Formation of pin bar candlestick and upward slope of MACD histogram suggest the pair to undergo short-term technical correction to trade higher toward the resistance level at 1.3140....
by gcmasiauser | Oct 27, 2017 | Daily Analysis
27 October 2017 Daily Analysis Euro plunged as Draghi releases its doves. Euro extended its losses on Friday during Asian trading hours by 0.15% to $1.1635 against the Greenback amid dovish remark from European Central Bank (ECB)...
by gcmasiauser | Oct 26, 2017 | GOLD
GOLD_, H1: Gold price was traded higher after breaking resistance level at 1273.95. The commodity is currently testing the next resistance level at 1279.55. Successful closure of candlestick above the said resistance level coupled with upward slope of MACD signal line...