by gcmasiauser | Oct 11, 2017 | Daily Analysis
11 October 2017 Daily Analysis Greenback on pressure, Pound Sterling recoups losses. Dollar index was depreciated by 0.49% to 92.90 against a trade-weighted basket of the other major currencies. Dollar index fell as it was being...
by gcmasiauser | Oct 10, 2017 | GOLD
GOLD_, H1: Gold price was traded higher following its successful breaking above resistance level at 1278.25 and 200-MA line. Engulfing candlestick pattern and diminishing bearish momentum as portrayed by MACD histogram suggest gold price to trade higher toward the...
by gcmasiauser | Oct 10, 2017 | Crudeoil
Crude OIL, H4: Crude oil price was traded higher following its rebound from support level at 49.10 and support by 200-MA line. Positive divergence as shown by MACD histogram suggests crude oil price to trade higher toward the resistance level at 49.85. Resistance...
by gcmasiauser | Oct 10, 2017 | USD/JPY
USDJPY, H4: USDJPY was traded in consolidation within resistance level at 113.00 and support level at 112.35. It is suggested to wait for breakout to occur following absent of obvious signal from both price action and MACD indicator. Resistance level: 113.00, 113.55...
by gcmasiauser | Oct 10, 2017 | EUR/USD
EURUSD, H4: EURUSD was traded higher prior breaking above resistance level at 1.1740. Upward slope of MACD signal line suggests the pair to continue its momentum to trade higher toward the next resistance level at 1.1820. Resistance level: 1.1820, 1.1870 Support...