by gcmasiauser | Oct 24, 2017 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher prior breaking above resistance level at 1.3140. Formation of engulfing candlestick and upward slope of MACD signal line suggest the pair to continue its momentum to trade higher toward resistance level at 1.3220. Resistance level:...
by gcmasiauser | Oct 24, 2017 | Daily Analysis
24 October 2017 Daily Analysis Powell as the next Fed? Greenback spooked by the dovish outlook. Dollar index was traded lower against a trade-weighted basket of six major currencies, quoted down 0.19% to 93.59 amid ongoing market...
by gcmasiauser | Oct 23, 2017 | USD/CHF
USDCHF, H1: USDCHF was traded lower prior its retracement from the trendline of ascending channel. Formation of engulfing candlestick and death-cross as shown by MACD signal line suggest the pair to undergo short-term technical correction to extend losses toward...
by gcmasiauser | Oct 23, 2017 | USD/CAD
USDCAD, H1: USDCAD was traded higher prior breaking resistance level at 1.2620. However, downward slope of MACD histogram reflects diminishing bullish momentum, thereby suggesting the pair to undergo short-term technical correction to trade lower toward the current...
by gcmasiauser | Oct 23, 2017 | AUD/USD
AUDUSD, H4: AUDUSD was traded lower prior breaking below support level at 0.7820. Formation of bearish engulfing candlestick and death-cross as shown by MACD histogram suggest the pair to extend losses toward the next support level at 0.7780. Resistance level: 0.7820,...