by richmond | Feb 12, 2020 | USD/CAD
USDCAD, Daily: USDCAD was traded lower following prior retracement from the resistance level at 1.3310. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses toward support level at 1.3245. Resistance level: 1.3310, 1.3395...
by richmond | Feb 12, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing the support level at 0.9750. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level: 0.9775,...
by richmond | Feb 12, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher following prior breakout above the previous resistance level at 50.45. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains toward the resistance level at 51.35. Resistance...
by richmond | Feb 12, 2020 | GOLD
GOLD_, H1: Gold price was higher while currently testing the resistance level at 1568.45. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
by richmond | Feb 12, 2020 | Daily Analysis
12 February 2020 Afternoon Session Analysis New Zealand dollar soars amid hawkish stance from RBNZ. Among all the majority currencies, New Zealand dollar skyrocketed to one week high level following Reserve Bank New Zealand remain its...