by skylow | Feb 27, 2019 | NZD/USD
NZDUSD, H4: NZDUSD was traded lower following prior retracement from its higher levels. MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term as technical correction. Resistance level: 0.6935, 0.6970 Support level:...
by skylow | Feb 27, 2019 | USD/CAD
USDCAD, H4: USDCAD remains traded within a descending channel following prior retrace from the top. MACD which begins to form a bearish signal suggests the pair to advance further down, towards the direction of 1.3120. Resistance level: 1.3175, 1.3220 Support...
by skylow | Feb 27, 2019 | USD/CHF
USDCHF, H1: USDCHF remains traded within a descending triangle while currently testing at the bottom level. Due to the lack of signal from MACD and price action, it is suggested to wait for a breakout before entering the market. Resistance level: 1.0040, 1.0080...
by skylow | Feb 27, 2019 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the support of 55.15. MACD which illustrate bullish signal suggests its prices to extend its gains, towards the direction of 56.45. Resistance level: 56.45, 57.45 Support level: 55.60,...
by skylow | Feb 27, 2019 | GOLD
GOLD_, H1: Gold price remains traded within a descending triangle while currently testing at the top level. Although MACD has formed a bullish signal, a breakout from the top level is required to attain further confirmation. Resistance level: 1329.00, 1333.00...