by richmond | Jan 23, 2020 | AUD/USD
AUDUSD, H1: AUDUSD was traded lower following prior retracement from the resistance level at 0.6875. However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level:...
by richmond | Jan 23, 2020 | NZD/USD
NZDUSD, Daily: NZDUSD was traded lower following prior breakout below the support level at 0.6630. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level: 0.6630,...
by richmond | Jan 23, 2020 | USD/CAD
USDCAD, Daily: USDCAD was traded higher while currently testing the resistance level at 1.3165. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
by richmond | Jan 23, 2020 | USD/CHF
USDCHF, H1: USDCHF was traded higher following prior rebound from the support level at 0.9670. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 0.9720. Resistance level: 0.9720, 0.9760 Support...
by richmond | Jan 23, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower while currently near the support level at 55.60. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses after it successfully breakout below the support level. Resistance...