by skylow | Mar 27, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded lower following prior breakout below the support level at 1.4175. MACD which illustrate bearish bias momentum signal suggest the pair to extend its losses toward the support level at 1.3990. Resistance level: 1.4175, 1.4335 Support...
by skylow | Mar 27, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior breakout below the previous support level at 0.9625. MACD which illustrate bearish signal suggest the pair to extend its losses toward the support level at 0.9580. Resistance level: 0.9625, 0.9680 Support...
by skylow | Mar 27, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level at 23.05. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its losses after it successfully breakout below the support level at 23.05. ...
by skylow | Mar 27, 2020 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1634.90. Due to lack of signal from MACD, it is suggested to wait for further confirmation before entering into market. Resistance level: 1634.90, 1664.70 Support...
by skylow | Mar 27, 2020 | Daily Analysis
27 March 2020 Morning Session Analysis Dollar dips following the announcement of downbeat data. Dollar index which gauge its value against a basket of six major currencies unsuccessfully return to its previous upward trend, shattering the...