by richmond | Dec 16, 2019 | USD/CAD
USDCAD, DAILY: USDCAD was traded lower while currently testing the support level at 1.3140. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses after it successfully breakout the support level. Resistance level: 1.3200,...
by richmond | Dec 16, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded higher following prior rebound from the support level at 0.9810. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains toward resistance level at 0.9860. Resistance level: 0.9860, 0.9895 Support...
by richmond | Dec 16, 2019 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following prior breakout above the previous resistance level at 58.85. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction....
by richmond | Dec 16, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1475.60. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 1459.25 Resistance level: 1475.60,...
by richmond | Dec 16, 2019 | Daily Analysis
16 December 2019 Morning Session Analysis Dollar index slumped amid to risk-on sentiment Dollar index which gauge its value against a basket of six major currencies edged lower on Friday amid to positive prospect for the trade deal between...
