by skylow | Jan 21, 2020 | AUD/USD
AUDUSD, H4: AUDUSD was traded lower following prior retracement from the resistance level at 0.6880. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo technical correction toward the resistance level at 0.6880. Resistance...
by skylow | Jan 21, 2020 | NZD/USD
NZDUSD, H4: NZDUSD was traded higher following prior breakout above the previous resistance level at 0.6600. MACD which illustrate diminishing bearish momentum signal suggest the pair to extend its gains toward the resistance level at 0.6620. Resistance level:...
by skylow | Jan 21, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded flat near the 20 (Red) and 50 (Blue) moving average lines. Due to lack of signal from MACD, it is suggested to wait for further confirmation before entering into the market. Resistance level: 1.3085, 1.3145 Support level: 1.3025,...
by skylow | Jan 21, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level at 0.9690. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses toward the support level at 0.9665. Resistance level: 0.9690, 0.9725...
by skylow | Jan 21, 2020 | Crudeoil
CrudeOIL, H4: Crude oil was traded lower while currently testing the support level at 58.60. MACD which illustrate diminishing bullish momentum signal suggests the commodity to extend its losses after it successfully breakout below the support level at 58.60. ...