by gcmasiauser | Oct 10, 2017 | GBP/USD, Strategy
GBPUSD, H4: GBPUSD was traded lower prior its retracement from resistance level at 1.3175. However, upward slope as portrayed by MACD signal line suggests the pair on higher tendency to trade higher, testing back the said resistance level. Resistance level: 1.3175,...
by gcmasiauser | Oct 10, 2017 | Daily Analysis
10 October 2017 Daily Analysis Greenback loses its momentum, Gold price soars higher. Dollar index was traded lower against a trade-weighted basket of the other major currencies by 0.07% to 93.55, following the latest geopolitical...
by gcmasiauser | Oct 9, 2017 | USD/CHF
USDCHF, H4: USDCHF was traded lower prior its failure to break above resistance level at 0.9820. Formation of bearish pin bar candlestick and negative divergence as shown by MACD histogram suggests the pair on bias to trade lower. However, a break below support level...
by gcmasiauser | Oct 9, 2017 | USD/CAD
USDCAD, H4: USDCAD was traded lower prior its retracement from resistance level at 1.2595. The pair was on pressure to trade lower based on the bearish candlesticks arrangement and negative divergence as formed by MACD histogram. However, it is suggested to stay aside...
by gcmasiauser | Oct 9, 2017 | NZD/USD
NZDUSD, H1: NZDUSD was traded higher prior its rebound from support level at 0.7055. Formation of bullish pin bar and possible formation of positive divergence by MACD signal line suggest the pair to undergo short-term bullish momentum to trade higher toward...