by skylow | Jan 16, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level 1.3065. MACD which illustrate bearish momentum signal suggest the pair to extend its losses towards the support level 1.3010. Resistance level: 1.3065, 1.3125 Support...
by skylow | Jan 16, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing the support level 0.9650. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a technical correction in short term towards the resistance level 0.9725. Resistance...
by skylow | Jan 16, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 57.75. MACD which illustrate bullish momentum signal suggest the commodity to extend its gains towards the resistance level 59.55. Resistance level: 59.55, 61.05...
by skylow | Jan 16, 2020 | GOLD
GOLD_, H4: Gold price remain traded in a sideway channel while currently testing near the resistance level 1561.90. MACD which illustrate bullish bias signal with the recent formation of golden cross suggest the commodity to be traded higher after it breaks above the...
by skylow | Jan 16, 2020 | Daily Analysis
16 January 2020 Afternoon Session Analysis Pound slid amid downbeat economic data. Pound sterling slumped amid pessimistic data from UK’s region further proved that its economic performance is still being haunted by hard Brexit’s...