by skylow | Dec 21, 2018 | GBP/USD
GBPUSD, H4: GBPUSD remains traded within a narrowing triangle following prior retracement from the top. Due to the lack of signal from Stochastic Oscillator and price action, it is suggested to wait for a breakout before entering the market. Resistance level: 1.2700,...
by skylow | Dec 21, 2018 | EUR/USD
EURUSD, H1: EURUSD was traded lower following prior retracement from the resistance level near 1.1490. MACD which has formed a bearish signal suggests the pair to extend its losses after closing below 1.1450. Resistance level: 1.1490, 1.1520 Support level: 1.1450,...
by skylow | Dec 21, 2018 | USD/JPY
USDJPY, H4: USDJPY was traded higher following prior rebound from the lower levels. MACD histogram which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term as technical correction. Resistance level: 111.60, 111.20 Support...
by skylow | Dec 21, 2018 | AUD/USD
AUDUSD, H4: AUDUSD was traded flat within the range of 0.7140 and 0.7105. MACD which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term, before extending its losses based on the current downward trendline. Resistance level:...
by skylow | Dec 21, 2018 | NZD/USD
NZDUSD, H4: NZDUSD was traded higher following prior rebound from the bottom level of expanding channel. MACD which illustrate diminished downward momentum suggests the pair to extend its gains after closing above 0.6780. Resistance level: 0.6780, 0.6840 Support...