by richmond | Feb 4, 2020 | NZD/USD
NZDUSD, Daily: NZDUSD was traded lower following prior breakout below the previous support level at 0.6480. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-erm as technical correction. Resistance level:...
by richmond | Feb 4, 2020 | USD/CAD
USDCAD, Daily: USDCAD was traded higher following prior breakout above the previous resistance level at 1.3245. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance...
by richmond | Feb 4, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded higher while currently near the resistance level at 0.9670. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
by richmond | Feb 4, 2020 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded lower following prior breakout below the previous support level at 52.20. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. ...
by richmond | Feb 4, 2020 | GOLD
GOLD_, H4: Gold price was traded lower while currently near the support level at 1576.35. Due to lack of signal of MACD, it is suggested to wait for further confirmation before entering to the market. Resistance level: 1592.00, 1609.60 Support level: 1576.35,...