by richmond | May 18, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded lower following prior retracement from its high level. MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to extend its losses in short term towards the support level 1.3990. Resistance...
by richmond | May 18, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level 0.9740. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 0.9475. Resistance...
by richmond | May 18, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level 28.15. MACD which illustrate ongoing bullish momentum signal suggest the commodity to extend its gains towards the resistance level 35.05. Resistance...
by richmond | May 18, 2020 | GOLD
GOLD_, H4: Gold price was traded higher while currently testing the resistance level 1761.25. MACD which illustrate persistent bullish momentum signal suggest the commodity to extend its gains after it breaks above the resistance level. Resistance level:...
by richmond | May 18, 2020 | Daily Analysis
18 May 2020 Afternoon Session Analysis Pound rose following BoE negative rate rejection. The pound sterling which traded against the greenback and other currency pairs have gained some support during late Asian session following confirmation from...