by richmond | Jun 22, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following recent breakout below the support level 1.2435. However, MACD which illustrate diminishing bearish momentum signal suggest the pair may experience a short term pullback towards the resistance level 1.2435. ...
by richmond | Jun 22, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level 1.1250. However, MACD which illustrate diminishing bearish bias signal with the starting formation of golden cross suggest the pair to experience a technical correction in...
by richmond | Jun 22, 2020 | USD/JPY
USDJPY, H4: USDJPY remain traded flat in a sideway channel. Due to lack of momentum and clear direction from MACD, it is suggested to wait until further signal appear before entering the market. Resistance level: 107.40, 108.00 Support level: 106.60, 106.00...
by richmond | Jun 22, 2020 | AUD/USD
AUDUSD, H4: AUDUSD remain traded in a sideway channel while currently testing the support level 0.6820. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to be traded higher as a pullback towards the resistance level 0.7020. ...
by richmond | Jun 22, 2020 | NZD/USD
NZDUSD, H4: NZDUSD remain traded in a sideway channel following recent rebound from the support level 0.6370. MACD which illustrate diminishing bearish momentum signal suggest the pair to extend its rebound in short term towards the resistance level 0.6490. ...