by richmond | Jan 6, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded within a range while currently testing the support level at 1.2970. MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower after it successfully breakout below the support level. Resistance level:...
by richmond | Jan 6, 2020 | USD/CHF
USDCHF, Daily: 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 0.9730. Resistance level: 0.9730, 0.9790...
by richmond | Jan 6, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 64.80. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains after it successfully breakout above the resistance level. ...
by richmond | Jan 6, 2020 | GOLD
GOLD_, Daily: Gold price was traded higher following prior breakout above the previous resistance level at 1550.10. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains toward resistance level at 1588.70. Resistance...
by richmond | Jan 6, 2020 | Daily Analysis
06 January 2020 Afternoon Session Analysis Sterling slumped following the release of negative data. Pound Sterling slumped following the release of bleak data from the UK region. According to CIPS, U.K Construction Purchasing Managers Index (PMI)...