by richmond | Mar 20, 2020 | USD/CAD
USDCAD, Daily: USDCAD was traded lower following prior retracement from the resistance level at 1.4505. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses toward support level at 1.4250. Resistance level: 1.4505, 1.4730...
by richmond | Mar 20, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior breakout below the previous support level at 0.9845. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses toward support level at 0.9755. Resistance level: 0.9835, 0.9885...
by richmond | Mar 20, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 27.30. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction. Resistance level:...
by richmond | Mar 20, 2020 | GOLD
GOLD_, H1: Gold price was traded higher while currently near the resistance level at 1490.50. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains after it successfully breakout above the resistance level. Resistance...
by richmond | Mar 20, 2020 | Daily Analysis
20 March 2020 Afternoon Session Analysis Dollar soars as liquidity fears dominate. The dollar index which traded against a basket of six major currency pairs have slightly retreat from its high after climbing to its highest level in more than three...
