by richmond | Sep 30, 2019 | USD/CHF
USDCHF, Daily: USDCHF was traded lower following prior retracement from the resistance level at 0.9930. However, MACD which illustrated diminishing bearish momentum suggests the pair to be traded higher as technical correction toward the resistance level. ...
by richmond | Sep 30, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price remains traded within a range while currently testing at the resistance level at 56.40. MACD which illustrated increasing bullish momentum suggest the commodity to be traded higher after it successfully breakout above the resistance...
by richmond | Sep 30, 2019 | GOLD
GOLD_, Daily: Gold price was traded lower following prior retracement from the resistance level at 1506.70. MACD which illustrated increasing bearish momentum suggest the commodity to be traded lower toward the support level at 1481.85. Resistance level:...
by richmond | Sep 30, 2019 | Daily Analysis
30 September 2019 Afternoon Session Analysis AUD surged amid optimistic China data. AUDUSD surged as positive China data was released in this morning. Since Australia’s economic growth is strongly tied with China, the positive reading has...