by skylow | Mar 12, 2020 | USD/CAD
USDCAD, Daily: USDCAD was traded higher following prior breakout above the previous resistance level at 1.3650. MACD which illustrated bullish momentum suggest the pair to extend its gains toward the resistance level at 1.3830. Resistance level: 1.3830, 1.4060...
by skylow | Mar 12, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing the support level at 0.9330. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level: 0.9395,...
by skylow | Mar 12, 2020 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded lower following prior retracement from the higher level. MACD which illustrated bearish bias momentum suggest the commodity to extend its losses toward the support level at 29.75. Resistance level: 39.20, 46.65...
by skylow | Mar 12, 2020 | GOLD
GOLD_, H1: Gold price was traded higher following prior rebound from the support level at 1635.60. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 1647.15 Resistance level: 1647.15,...
by skylow | Mar 12, 2020 | Daily Analysis
12 March 2020 Afternoon Session Analysis US bans travels from EU due to Covid-19. Euro was traded within a tight range as market participants awaits the result from European Central Bank (ECB) policy meeting later tonight. ECB is expected to...
