by skylow | Mar 23, 2020 | USD/CAD
USDCAD, H1: USDCAD was traded lower following prior retracement from the higher level. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its losses toward the support level at 1.4325. Resistance level: 1.4520, 1.4605 Support...
by skylow | Mar 23, 2020 | USD/CHF
USDCHF, H1: USDCHF was traded lower while currently testing the support level at 0.9840. MACD which illustrate bearish momentum signal suggest the pair to extend its losses after it successfully breakout below the support level at 0.9840. Resistance level:...
by skylow | Mar 23, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level at 21.50. However, MACD which illustrate diminishing bullish momentum and the formation of death cross suggest the commodity to undergo technical correction toward the...
by skylow | Mar 23, 2020 | GOLD
GOLD_, H1: Gold price was traded higher following prior rebound from the support level at 1477.00. MACD which illustrate diminishing bearish momentum signal suggest the commodity to extend its gains toward the resistance level at 1503.40. Resistance level:...
by skylow | Mar 23, 2020 | Daily Analysis
23 March 2020 Morning Session Analysis Greenback plummets following a stimulus plan failed to pass. Dollar index which gauge its value against a basket of six major currencies failed to keep its last Friday gains after a Covid-19 Bill fails to...