by skylow | Dec 21, 2018 | USD/CAD
USDCAD, H4: USDCAD remains traded within a small upward channel. However, MACD which illustrate diminishing upward momentum may suggests the pair to be traded lower in mid-term as technical correction. Resistance level: 1.3530, 1.3615 Support level: 1.3430,...
by skylow | Dec 21, 2018 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior closure below the support level of 0.9870. MACD which illustrate bearish signal and momentum suggests the pair to advance further down, towards the direction of 0.9820. Resistance level: 0.9870, 0.9905 Support level:...
by skylow | Dec 21, 2018 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher following prior rebound from a lower level. MACD which illustrate positive divergence signal suggests its prices to be traded higher in short-term as technical correction. Resistance level: 47.50, 49.50 Support level:...
by skylow | Dec 21, 2018 | GOLD
GOLD_, H1: Gold price was traded lower following prior retracement from the resistance level near 1263.20. MACD which begins to form a death cross signal suggests the commodity price to be traded lower in short-term as technical correction. Resistance level: 1263.20,...
by skylow | Dec 21, 2018 | Daily Analysis
21 December 2018 Afternoon Session Analysis Dollar struggles ahead of holiday season. US dollar struggles near one-month low during mid-Asian session following subdued economic outlook which has evoked higher risk aversion in...