by richmond | Jan 31, 2020 | USD/CAD
USDCAD, Daily: USDCAD was traded higher following prior breakout above the previous resistance level at 1.3165. However, MACD which illustrated diminishing bullish momentum suggest the pair to extend its gains toward resistance level at 1.3245. Resistance...
by richmond | Jan 31, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded higher following prior rebound from the support level at 0.9680. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 0.9700. Resistance level: 0.9700, 0.9725 Support...
by richmond | Jan 31, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the support level at 52.05 MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains toward resistance level at 53.95. Resistance level: 53.95, 55.60...
by richmond | Jan 31, 2020 | GOLD
GOLD_, H1: Gold price was traded lower while currently near the support level at 1573.05. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses after it successfully breakout below the support level. Resistance level:...
by richmond | Jan 31, 2020 | Daily Analysis
31 January 2020 Morning Session Analysis Pound skyrocketed following BoE maintained its interest rate. Pound Sterling surged yesterday following the Bank of England maintained their interest rate at 0.75%, defying the market expectations that 50%...
