by gcmasiauser | May 18, 2018 | Daily Analysis
18 May 2018 Daily Analysis Solid growth of U.S. bond yields supported Greenback. Dollar index was traded flat against its major peers near its 5-month high, last stood at 93.43 following the release of mixed economic data in the...
by gcmasiauser | May 17, 2018 | GOLD
GOLD_, H1: Gold price was traded higher after breaking resistance level at 1290.00. However, MACD signal line that is about to form a death-cross would indicate the safe-haven asset price to extend its losses if breakout at the previous high is successful. Resistance...
by gcmasiauser | May 17, 2018 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower prior retracement from resistance level at 71.70. A lack of momentum from candlestick pattern formation would suggest the commodity price to undergo short-term technical correction to trade lower before continuing its...
by gcmasiauser | May 17, 2018 | USD/JPY
USDJPY, H4: USDJPY was traded higher prior rebound from support level at 110.00. However, death-cross as formed by MACD signal line would suggest the pair to undergo short-term technical correction before extending its bullish bias. Resistance level: 110.40, 110.90...
by gcmasiauser | May 17, 2018 | EUR/USD
EURUSD, H4: EURUSD was traded higher prior its failure to break support level at 1.1780. MACD signal line that shows diminishing bearish momentum would suggest the pair to extend its gains towards the resistance level at 1.1840. Resistance level: 1.1840, 1.1920...