by richmond | Dec 20, 2019 | USD/CAD
USDCAD, H4: USDCAD was traded higher following prior rebound from the lower level. MACD which illustrated bullish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 1.3145. Resistance level: 1.3145,...
by richmond | Dec 20, 2019 | USD/CHF
USDCHF, Daily: USDCHF was traded lower following prior breakout below the previous support level at 0.9810. MACD which illustrate bearish bias momentum suggest the pair to extend its losses toward the support level at 0.9760. Resistance level: 0.9810, 0.9845...
by richmond | Dec 20, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level at 60.80. Due to lack of signal from MACD, it is suggested to wait for further confirmation before entering into the market. Resistance level: 60.80,...
by richmond | Dec 20, 2019 | GOLD
GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level at 1477.60. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 1484.70. Resistance...
by richmond | Dec 20, 2019 | Daily Analysis
20 December 2019 Afternoon Session Analysis AUD ascends as jobs data delivers. Australian dollar extended its gains since yesterday over the backdrop of optimistic jobs data from the region. According to Australian Bureau of Statistics,...
