by richmond | Jul 2, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded higher following prior rebound from the upward trend line. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 1.3690. Resistance level: 1.3690, 1.3805 Support level:...
by richmond | Jul 2, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing the support level at 0.9445. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level: 0.9510, 0.9610...
by richmond | Jul 2, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 40.25. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 39.05. Resistance level: 40.25,...
by richmond | Jul 2, 2020 | GOLD
GOLD_, H4: Gold price was traded lower while currently testing the support level at 1762.65. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses after it successfully breakout below the support level. Resistance level:...
by richmond | Jul 2, 2020 | Daily Analysis
2 July 2020 Afternoon Session Analysis Dollar wobbles amid pessimistic labor data. Dollar index which gauge its value against a basket of six major currencies dipped following the release of downbeat ADP Nonfarm Employment Change data...
