by skylow | Apr 12, 2021 | USD/JPY
USDJPY, H4: USDJPY was traded lower following recent retracement from its high. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its retracement in short term towards the support level 109.20. Resistance level: 109.95, 110.85...
by skylow | Apr 12, 2021 | EUR/USD
EURUSD, H4: EURUSD was traded flat while currently testing near the support level 1.1870. However, MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to be traded lower after it breaks below the support level. ...
by skylow | Apr 12, 2021 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing the support level 1.3670. MACD which illustrate ongoing bearish momentum signal suggest the pair to extend its losses after it breaks below the support level. Resistance level: 1.3820, 1.3915 Support...
by skylow | Apr 12, 2021 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded flat while currently testing the support level 92.10. However, MACD which illustrate bullish momentum signal with the formation of golden cross suggest the dollar to be traded higher towards the resistance level 93.00. ...
by skylow | Apr 12, 2021 | Daily Analysis
12 April 2021 Afternoon Session Analysis Pound slips amid slow vaccination risk. During late Asian session, the pound sterling which traded against the dollar and other currency pairs remain weak and fell following the concerns of...