by richmond | Mar 16, 2020 | USD/CAD
USDCAD, H1: USDCAD was traded higher while currently testing the resistance level at 1.3865. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
by richmond | Mar 16, 2020 | USD/CHF
USDCHF, H1: USDCHF was traded lower following prior retracement from the resistance level at 0.9510. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 0.9445. Resistance level: 0.9510, 0.9545...
by richmond | Mar 16, 2020 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded lower while currently testing the support level at 29.40. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. Resistance level:...
by richmond | Mar 16, 2020 | GOLD
GOLD_, H1: Gold price was traded higher following prior rebound from the support level at 1535.20. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains toward resistance level at 1556.85. Resistance level: 1556.85,...
by richmond | Mar 16, 2020 | Daily Analysis
16 March 2020 Afternoon Session Analysis NZD/USD slumped following the rate cuts from RBNZ. The New Zealand Dollar slumped following the Reserve Bank of New Zealand announced a surprise interest rate cuts during the weekend in order to diminish the...
