by skylow | Dec 30, 2019 | AUD/USD
AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.6965. However, MACD which illustrated diminishing bullish momentum suggest the pair to undergo short term technical correction toward the support level at 0.6965....
by skylow | Dec 30, 2019 | NZD/USD
NZDUSD, H1: NZDUSD was traded lower following prior retracement from the higher level. Due to lack of signal from MACD, it is suggested to wait for further signal to appear before entering the market. Resistance level: 0.6725, 0.6775 Support level: 0.6695,...
by skylow | Dec 30, 2019 | USD/CAD
USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.3085.However, MACD which illustrated diminishing bearish momentum suggest the pair to undergo short term technical correction toward the resistance level at 1.3085....
by skylow | Dec 30, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing the support level at 0.9725. MACD which illustrated bearish bias momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level: 0.9770, 0.9810...
by skylow | Dec 30, 2019 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher following prior rebound from the upward trend line. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 61.90. Resistance level: 61.90,...
