by gcmasiauser | Oct 17, 2017 | USD/JPY
USDJPY, H4: USDJPY was traded higher prior its rebound from support level at 111.65. Formation of bullish engulfing candlestick and golden-cross by MACD signal line suggest the pair to trade higher toward the resistance level at 112.35. Resistance level: 112.35,...
by gcmasiauser | Oct 17, 2017 | EUR/USD
EURUSD, H4: EURUSD was traded lower prior its retracement from resistance by 200-MA line. The pair is currently testing the support level at 1.1780. Successful closure below the said support level would suggest the pair to continue its losses toward the next support...
by gcmasiauser | Oct 17, 2017 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher prior its rebound from support level at 1.3225. The pair is currently traded within descending triangle suggesting a breakout is needed to determine its price movement in the nearer term. Resistance level: 1.3280, 1.3330 Support...
by gcmasiauser | Oct 17, 2017 | Daily Analysis
17 October 2017 Daily Analysis Greenback’s bull on fire, Aussie fell after RBA meetings. Dollar index was traded higher against a trade-weighted basket of major currencies, quoted up 0.24% to 93.14 on the back of upbeat manufacturing...
by gcmasiauser | Oct 16, 2017 | USD/CHF
USDCHF, H4: USDCHF was traded higher prior its failure to break below support level at 0.9740. Formation of pin bar and upward slope of MACD histogram suggest the pair to trade higher toward the resistance level at 0.9775. Resistance level: 0.9775, 0.9820 Support...