by skylow | Jan 31, 2019 | Daily Analysis
31 January 2019 Afternoon Session Analysis AUD rallies, Fed preaches patience. Australian dollar extended its gains against greenback following the release of bullish economic data from China. As of writing, pair of AUD/USD rose 0.30%,...
by skylow | Jan 30, 2019 | Dollar_indx
DOLLAR_INDX, H1: Dollar index remains traded within a sideways channel. MACD begins to form a death cross signal suggests the index to extend its losses in short-term after closing below the 20-MA line (red). Resistance level: 95.60, 95.75 Support level: 95.30,...
by skylow | Jan 30, 2019 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher following prior rebound from the support level of 1.3060. MACD which illustrate diminished downward momentum suggests the pair to be traded higher in short-term as technical correction. Resistance level: 1.3125, 1.3230 Support...
by skylow | Jan 30, 2019 | EUR/USD
EURUSD, Daily: EURUSD was traded higher while currently testing near the resistance of 1.1435. MACD which begins to form a golden cross signal suggests the pair to advance further upwards after breaking the target of 1.1435. Resistance level: 1.1435, 1.1515 Support...
by skylow | Jan 30, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded lower while currently testing at the upward trendline. MACD which has formed a death cross signal suggests the pair to extend its losses after successfully breaking the trendline. Resistance level: 109.90, 110.25 Support level: 109.35,...