by richmond | May 22, 2020 | USD/CAD
USDCAD, H1: USDCAD was traded higher following rebound from the support level at 1.3890. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains toward resistance level at 1.4085. Resistance level: 1.4085, 1.4230 Support level:...
by richmond | May 22, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded higher while currently near the resistance level at 0.9735. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
by richmond | May 22, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower while currently testing the support level at 31.25. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses after it successfully breakout below the support level. Resistance...
by richmond | May 22, 2020 | GOLD
GOLD_, H1: Gold price was traded lower following prior retracement from the resistance level at 1730.75. However, MACD which illustrated increasing bullish momentum suggest the commodity to be traded higher in short-term as technical correction. Resistance...
by richmond | May 22, 2020 | Daily Analysis
22 May 2020 Afternoon Session Analysis Pound sterling slips following negative rate talk escalate. During late Asian session, the pound sterling which traded against the greenback and other currency pairs have fell after U.K. bonds continue to...
