by richmond | Jun 9, 2020 | USD/CAD
USDCAD, H1: USDCAD was traded lower following prior breakout below the previous support level at 1.3470. However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level:...
by richmond | Jun 9, 2020 | USD/CHF
USDCHF, H1: USDCHF was traded higher following prior rebound from the support level at 0.9555. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains toward resistance level at 0.9600. Resistance level: 0.9600, 0.9645 Support...
by richmond | Jun 9, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower while currently testing the support level at 38.15. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. Resistance level:...
by richmond | Jun 9, 2020 | GOLD
GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1698.30. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains after it successfully breakout above the resistance level. Resistance...
by richmond | Jun 9, 2020 | Daily Analysis
09 June 2020 Afternoon Session Analysis Loonie gains following Canadian housing data. The Canadian Loonie which traded against the greenback and other currency pairs have extend its gains during late Asian session as data showing Canadian Housing...
