by richmond | May 8, 2020 | AUD/USD
AUDUSD, Daily: AUDUSD was traded higher following prior rebound from the support level at 0.6405. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 0.6540. Resistance level: 0.6540, 0.6680...
by richmond | May 8, 2020 | NZD/USD
NZDUSD, H4: NZDUSD was traded higher following prior breakout above the previous resistance level at 0.6070. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains toward resistance level at 0.6130. Resistance level: 0.6130,...
by richmond | May 8, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.4015. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 1.3875. Resistance level: 1.4015, 1.4155...
by richmond | May 8, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level at 0.9780. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 0.9585. Resistance level: 0.9780, 0.9880...
by richmond | May 8, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 25.90. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 20.40. Resistance level: 25.90,...