by richmond | Jun 22, 2020 | USD/CAD
USDCAD, H4: USDCAD remain traded in a sideway channel following recent pullback from the resistance level 1.3645. However, due to lack of clear direction and momentum from MACD, it is suggested to wait until further signal appear before entering the market. ...
by richmond | Jun 22, 2020 | USD/CHF
USDCHF, H4: USDCHF remain traded flat in a sideway channel. Due to lack of momentum and clear direction, it is suggested to wait until further signal appear before entering the market. Resistance level: 0.9545, 0.9850 Support level: 0.9460, 0.9365 ...
by richmond | Jun 22, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level 40.45. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a technical correction towards the support level 35.05. ...
by richmond | Jun 22, 2020 | GOLD
GOLD_, H4: Gold price was traded higher while currently testing near the resistance level 1761.25. MACD which illustrate ongoing bullish momentum suggest the commodity to extend its gains after it breaks above the resistance level. Resistance level: 1761.25,...
by richmond | Jun 22, 2020 | Daily Analysis
22 June 2020 Afternoon Session Analysis Aussie held gains following PBoC rate decision. The Aussie dollar which traded against the greenback and other currency pairs remains in bid after the People’s Bank of China’s (PBOC) rate...