by gcmasiauser | Sep 22, 2017 | Daily Analysis
22 September 2017 Daily Analysis Greenback’s bull momentum faded despite positive data. Dollar index was traded lower against a basket of major currencies after depreciating by 0.27% to 91.80 as of writing. Dollar bulls has seemingly gave up...
by gcmasiauser | Sep 21, 2017 | GOLD
GOLD_, H4: Gold price was traded lower prior breaking below support by 200-MA around 1304.00. It is currently testing the support level at 1299.05. Successful breakout of the said support level would indicate gold price to further its losses toward the next support...
by gcmasiauser | Sep 21, 2017 | Crudeoil
CrudeOIL, H4: Crude oil price was traded in ascending channel and is currently consolidating in the range of resistance level at 51.20 and support level at 49.25. Hidden negative divergence as shown by MACD histogram suggests crude oil price on bias to trade lower,...
by gcmasiauser | Sep 21, 2017 | USD/JPY
USDJPY, Daily: USDJPY was traded higher prior its successful breakout above resistance by 200-MA line and resistance level at 111.65. Formation of long bullish candlestick and upward slope of MACD signal line suggests the pair to gain increasing momentum to trade...
by gcmasiauser | Sep 21, 2017 | EUR/USD
EURUSD, H4: EURUSD was traded lower after breaking below support level at 1.1985. The pair is currently testing resistance by 200-MA line around level 1.1870. Successful breaking below the said moving level coupled with death cross of MACD signal line suggests further...