by richmond | May 11, 2020 | NZD/USD
NZDUSD, H1: NZDUSD was traded higher while currently testing the resistance level at 0.6145. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
by richmond | May 11, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded lower while currently near the support level at 1.3875. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level: 1.4015, 1.4155...
by richmond | May 11, 2020 | USD/CHF
USDCHF, Daily: USDCHF was traded lower following prior retracement from the resistance level at 0.9760. 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 11, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher while currently testing the resistance level at 26.15. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction. Resistance level:...
by richmond | May 11, 2020 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1709.55. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 1696.60. Resistance level: 1709.55,...