by skylow | Mar 12, 2020 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower following prior breakout below the previous support level at 1.2915. MACD which illustrated diminishing bullish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.2745....
by skylow | Mar 12, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded higher while currently testing the resistance level at 1.1295. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level at 1.1295. Resistance...
by skylow | Mar 12, 2020 | USD/JPY
USDJPY, Daily: USDJPY was traded lower following prior retracement from the resistance level at 105.15. However, MACD which illustrated diminishing bearish momentum suggest the pair to undergo short term technical correction toward the resistance level at 105.15....
by skylow | Mar 12, 2020 | AUD/USD
AUDUSD, H4: AUDUSD was traded lower while currently testing the support level at 0.6465. MACD which illustrated bearish bias momentum suggest the pair extend its losses after it successfully breakout below the support level at 0.6465. Resistance level: 0.6515,...
by skylow | Mar 12, 2020 | NZD/USD
NZDUSD, H1: NZDUSD was traded lower while currently testing the support level at 0.6255. However, MACD which illustrated diminishing bearish momentum suggest the pair to extend its rebound toward the resistance level at 0.6285. Resistance level: 0.6285, 0.6315...