by skylow | Dec 12, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded higher following prior rebound from the support level at 108.45. However, MACD which illustrate diminishing bullish momentum and the formation of death cross suggest the pair to undergo short term technical correction toward the...
by skylow | Dec 12, 2019 | AUD/USD
AUDUSD, H4: AUDUSD was traded lower following prior retracement near the resistance level at 0.6880. MACD which illustrated diminishing bullish momentum suggest the pair to extend its retracement toward the support level at 0.6855. Resistance level: 0.6880,...
by skylow | Dec 12, 2019 | NZD/USD
NZDUSD, H1: NZDUSD was traded lower following prior retracement near the resistance level at 0.6600. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses toward support level at 0.6570. Resistance level: 0.6600, 0.6625...
by skylow | Dec 12, 2019 | USD/CAD
USDCAD, Daily: USDCAD was traded lower following prior breakout below the previous support level at 1.3210. MACD which illustrate bearish momentum signal suggest the pair to extend its losses toward the support level at 1.3145. Resistance level: 1.3210, 1.3265...
by skylow | Dec 12, 2019 | USD/CHF
USDCHF, Daily: USDCHF was traded lower following prior breakout below the previous support level at 0.9845. MACD which illustrated bearish bias momentum suggest the pair to extend its losses toward the support level at 0.9810. Resistance level: 0.9845, 0.9885...
