by skylow | Jan 23, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.3100. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to undergo technical correction toward the support level at 1.3100. ...
by skylow | Jan 23, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior retracement from the higher level of downward channel. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its losses toward the support level at 1.1070. Resistance level:...
by skylow | Jan 23, 2020 | USD/JPY
USDJPY, H4: USDJPY was traded lower following prior breakout below the previous support level at 109.65. MACD which illustrate bearish bias momentum signal suggest the pair to extend its losses toward the support level at 109.25. Resistance level: 109.65,...
by skylow | Jan 23, 2020 | AUD/USD
AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.6850. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 0.6880. ...
by skylow | Jan 23, 2020 | NZD/USD
NZDUSD, H4: NZDUSD was traded lower following prior breakout below the previous support level at 0.6600. Due to lack of signal from MACD, it is suggested to wait for further confirmation before entering into market. Resistance level: 0.6600, 0.6620 Support...