by richmond | Feb 25, 2020 | USD/CAD
USDCAD, Daily: USDCAD was traded higher following prior rebound from the support level at 1.3215. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 1.3315. Resistance level: 1.3315, 1.3425...
by richmond | Feb 25, 2020 | USD/CHF
USDCHF, Daily: USDCHF was traded lower while currently testing the support level at 0.9780. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level:...
by richmond | Feb 25, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level at 51.25. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. Resistance level:...
by richmond | Feb 25, 2020 | GOLD
GOLD_, Daily: Gold price was traded lower following prior retracement from the resistance level at 1673.60. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 1591.25. Resistance level:...
by richmond | Feb 25, 2020 | Daily Analysis
25 February 2020 Morning Session Analysis Japanese Yen skyrocketed amid escalating risk of coronavirus. Japanese Yen surged on yesterday amid to the fears upon the outbreak of coronavirus in the global world, which spurring some risk-off...