by richmond | May 15, 2020 | NZD/USD
NZDUSD, H4: NZDUSD was traded lower following prior retracement from the resistance level at 0.6005. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level:...
by richmond | May 15, 2020 | USD/CAD
USDCAD, H1: USDCAD was traded higher following prior rebound from the support level at 1.4035. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 1.4070. Resistance level: 1.4070, 1.4105 Support...
by richmond | May 15, 2020 | USD/CHF
USDCHF, Daily: USDCHF was traded higher while currently testing the resistance level at 0.9755. 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 15, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was higher following prior breakout above the previous resistance level at 26.70. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains toward resistance level at 28.90. Resistance level:...
by richmond | May 15, 2020 | GOLD
GOLD_, H1: Gold price traded within a range while currently testing the resistance level at 1731.85. However, MACD which illustrate increasing bearish momentum suggest the commodity to be traded lower in short-term as technical correction. Resistance level:...