by richmond | Jun 2, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded lower while currently testing the support level at 1.3540. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level: 1.3735,...
by richmond | Jun 2, 2020 | USD/CHF
USDCHF, Daily: USDCHF was traded lower while currently testing the support level at 0.9595. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level:...
by richmond | Jun 2, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded within a range while currently testing the resistance level at 35.60. MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher after it successfully breakout above the resistance level....
by richmond | Jun 2, 2020 | GOLD
GOLD_, H1: Gold price was traded within a range while currently testing the resistance level at 1743.00. MACD which illustrated increasing bearish momentum suggest the commodity to be traded lower in short-term as technical correction. Resistance level:...
by richmond | Jun 2, 2020 | Daily Analysis
02 June 2020 Afternoon Session Analysis Pound sterling soars following signal of compromise from UK in Brexit. The pound sterling which traded against the greenback and other currency pairs continue to rally after UK signalling compromise on...