by gcmasiauser | Oct 26, 2017 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower prior retracement from resistance level at 52.20. Upward slope of MACD histogram suggests crude oil price to trade higher but a breakout of the said resistance level is necessary for the commodity to gain further momentum...
by gcmasiauser | Oct 26, 2017 | USD/JPY
USDJPY, H4: USDJPY was traded lower prior its failure to break resistance level at 114.00. The pair is currently testing the support level at 113.50. Successful closure of candlesticks below the said support level would indicate the pair to extend losses toward the...
by gcmasiauser | Oct 26, 2017 | EUR/USD
EURUSD, H4: EURUSD was traded higher after breaking resistance level at 1.1785. Arrangement of bullish candlesticks and golden-cross as formed by MACD histogram suggest EURUSD to continue trading higher toward the next resistance level at 1.1825. Resistance level:...
by gcmasiauser | Oct 26, 2017 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher prior breaking resistance level at 1.3220. Arrangement of bullish candlesticks and golden-cross as formed by MACD histogram suggest the pair to extend its gains toward the next resistance level at 1.3300. Resistance level: 1.3300,...
by gcmasiauser | Oct 26, 2017 | Daily Analysis
26 October 2017 Daily Analysis Pound Sterling leading the race amid positive GDP data. Dollar index was traded lower against a trade-weighted basket of major currencies, last quoted down 0.32% to 93.35 as of writing despite positive new...