by richmond | Feb 18, 2020 | USD/CAD
USDCAD, Daily: USDCAD was traded lower while currently testing the support level at 1.3240. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses after it breakout below the support level. Resistance level: 1.3330, 1.3395...
by richmond | Feb 18, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level at 0.9825. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 0.9780. Resistance level: 0.9825, 0.9870...
by richmond | Feb 18, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 52.35. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction. Resistance level:...
by richmond | Feb 18, 2020 | GOLD
GOLD_, H1: Gold price was traded higher while currently testing the resistance level at 1586.30. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains after it successfully breakout above the resistance level. Resistance...
by richmond | Feb 18, 2020 | Daily Analysis
18 February 2020 Morning Session Analysis Yen fell following the negative data was released. Japanese Yen received significant bearish momentum yesterday over the backdrop of the negative GDP data from the Japan region. According to...