by richmond | Feb 5, 2020 | USD/CAD
USDCAD, Daily: USDCAD was traded higher while currently testing the resistance level at 1.3300. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance level: 1.3300,...
by richmond | Feb 5, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded higher following prior breakout above the previous resistance level at 0.9670. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains toward resistance level at 0.9715. Resistance level: 0.9715,...
by richmond | Feb 5, 2020 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following prior rebound from the support level 49.30. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward resistance level at 50.80. Resistance level: 50.80,...
by richmond | Feb 5, 2020 | GOLD
GOLD_, H4: Gold price was higher following prior rebound from the support level at 1552.90. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward resistance level at 1564.55. Resistance level: 1564.55, 1577.15...
by richmond | Feb 5, 2020 | Daily Analysis
5 February 2020 Afternoon Session Analysis Dollar remain strong as virus risk fade. The dollar index continue to strengthen its value against its basket of six major currency pairs during late Asian session following easing concerns towards the...
