by richmond | Jan 7, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing the support level at 0.9670. MACD which illustrated diminishing bearish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level: 0.9730,...
by richmond | Jan 7, 2020 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded lower following prior breakout below the previous support level at 62.70. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 60.75. Resistance level:...
by richmond | Jan 7, 2020 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1588.70. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 1550.10. Resistance level: 1588.70,...
by richmond | Jan 7, 2020 | Daily Analysis
7 January 2020 Afternoon Session Analysis Swiss franc in demand as geopolitical tension rises. Swiss franc received higher demand in the FX market after traders flock into safe-haven assets amid heightened geopolitical tension in between US and Iran....
by richmond | Jan 6, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded within a range while currently testing the resistance level at 96.55. MACD which illustrated diminishing bullish momentum suggest the index to be traded lower in short-term as technical correction. Resistance level:...