by richmond | May 14, 2020 | AUD/USD
AUDUSD, Daily: AUDUSD was traded lower while currently testing the support level at 0.6405. 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 | May 14, 2020 | NZD/USD
NZDUSD, H4: NZDUSD was traded lower while currently testing the support level at 0.5985. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level: 0.6135, 0.6255...
by richmond | May 14, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded higher following prior rebound from the support level at 1.4005. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance level: 1.4155,...
by richmond | May 14, 2020 | USD/CHF
USDCHF, Daily: USDCHF was traded lower following prior retracement from the resistance level at 0.9755. However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level:...
by richmond | May 14, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded within a range while currently testing the resistance level at 26.70. MACD which illustrated increasing bearish moment suggest the commodity to be traded lower in short-term as technical correction. Resistance level:...