by richmond | Mar 27, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded lower while currently testing the support level at 1.3990. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level: 1.4225, 1.4670...
by richmond | Mar 27, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior breakout below the previous support level at 0.9625. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level:...
by richmond | Mar 27, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded within a range while currently near the support level at 22.50. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. Resistance...
by richmond | Mar 27, 2020 | GOLD
GOLD_, H1: Gold price was traded lower following prior retracement from the resistance level at 1635.25. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 1603.80. Resistance level: 1635.25,...
by richmond | Mar 27, 2020 | Daily Analysis
27 March 2020 Afternoon Session Analysis Euro soars following hopes of “Corona” bonds. The Euro which traded against the U.S dollar and its peer continue to post gains and take flight during late Asian session following the ongoing talks of a new...