by richmond | Oct 4, 2019 | USD/CAD
USDCAD, Daily: USDCAD was traded higher while currently testing the channel’s top level. MACD which illustrate bullish signal suggest the pair to extend its gains after successfully breakout above the channel top level at 1.3335. Resistance level: 1.3335,...
by richmond | Oct 4, 2019 | USD/CHF
USDCHF, H1: USDCHF was traded higher following prior rebound from the 50 moving average line (Blue). MACD which begins to form a golden cross suggests the pair to extend its gains toward the resistance level at 1.0005. Resistance level: 1.0005, 1.0050 Support...
by richmond | Oct 4, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level at 51.95. MACD which illustrate bullish signal suggests its price to be traded higher toward the resistance level at 53.25. Resistance level: 53.25, 54.65 Support...
by richmond | Oct 4, 2019 | GOLD
GOLD_, H1: Gold price was traded higher following prior rebound from the lower level. MACD which illustrate diminishing downward momentum suggest the commodity to extend its gains toward the resistance level at 1520.25. Resistance level: 1520.25, 1535.25...
by richmond | Oct 4, 2019 | Daily Analysis
4 October 2019 Afternoon Session Analysis Euro surged despite bleak data. EUR/USD surge despite bleak economic data from the EU zone from yesterday. According to Markit Economics, Germany Services Purchasing Managers Index (PMI) for the month of...