by skylow | Mar 6, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.2940. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance...
by skylow | Mar 6, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded higher following prior breakout above the previous resistance level at 1.1215. MACD which illustrated diminishing bearish momentum and the formation of golden cross suggest the pair to be traded higher toward the resistance level at...
by skylow | Mar 6, 2020 | USD/JPY
USDJPY, Daily: USDJPY was traded lower while currently testing the support level at 105.85. MACD which illustrated bearish bias momentum suggest the pair to extend its losses after it successfully breakout below the support level at 105.85. Resistance level:...
by skylow | Mar 6, 2020 | AUD/USD
AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level at 0.6580. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 0.6620. Resistance level: 0.6620, 0.6650 Support...
by skylow | Mar 6, 2020 | NZD/USD
USDCAD, Daily: USDCAD was traded higher following prior rebound from the support level at 1.3335. MACD which illustrated bullish bias momentum suggest the pair to extend its gains toward the resistance level at 1.3435. Resistance level: 1.3435, 1.3490 Support...