by richmond | May 13, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded within a range while currently testing the resistance level at 26.15. However, MACD which illustrated increasing bearish momentum suggest the commodity to be traded lower in short-term. Resistance level: 26.15, 29.95...
by richmond | May 13, 2020 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1706.95. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. Resistance...
by richmond | May 13, 2020 | Daily Analysis
13 May 2020 Afternoon Session Analysis Kiwi plummets amid RBNZ dovish statement. The New Zealand Kiwi which traded against the dollar and other currency pairs have experience a huge sell-off and fell during late Asian session after a dovish note...
by richmond | May 12, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following prior rebound from the MA lines. MACD which illustrate bullish momentum signal with the formation of golden cross suggest the dollar to extend its gains towards the resistance level 100.95. Resistance...
by richmond | May 12, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing near the support level 1.2245. MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to extend its losses after it breaks below the support level. Resistance...
