by richmond | Apr 14, 2020 | NZD/USD
NZDUSD, Daily: NZDUSD was traded higher following prior breakout above the previous resistance level at 0.6070. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 0.6205. Resistance level: 0.6205,...
by richmond | Apr 14, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.4005. Due to lack of signal from MACD, it is suggested to wait for further confirmation before entering into the market. Resistance level: 1.4005, 1.4255 Support...
by richmond | Apr 14, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing the support level at 0.9635. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level: 0.9765,...
by richmond | Apr 14, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level at 23.90. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. ...
by richmond | Apr 14, 2020 | GOLD
GOLD_, H1: Gold price was traded higher while currently testing the resistance level at 1725.15. However, MACD which illustrated increasing bearish momentum suggest the commodity to be traded lower in short-term as technical correction. Resistance level:...
