by richmond | May 5, 2020 | USD/CAD
USDCAD, Daily: USDCAD was traded higher while currently testing the resistance level at 1.4155. 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 5, 2020 | USD/CHF
USDCHF, Daily: USDCHF was traded higher following prior rebound from the support level at 0.9585. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 0.9780. Resistance level: 0.9780, 0.9880...
by richmond | May 5, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level at 20.65. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains toward resistance level at 24.30. Resistance...
by richmond | May 5, 2020 | GOLD
GOLD_, H1: Gold price was traded lower while currently testing the support level at 1697.40. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. Resistance level: 1710.00,...
by richmond | May 5, 2020 | Daily Analysis
05 May 2020 Afternoon Session Analysis Dollar rose following worries of US-Sino trade war. The dollar index which traded against a basket of six major currency pairs have caught bid during late Asian session following concerns over U.S.-China...
