by skylow | Dec 11, 2019 | EUR/USD
EURUSD, Daily: EURUSD was traded higher following prior breakout above the previous resistance level at 1.1075. MACD which illustrated bullish bias momentum suggest the pair to extend its gains toward resistance level at 1.1170. Resistance level: 1.1170, 1.1240...
by skylow | Dec 11, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded higher while currently testing the 50 moving average line (Blue). MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the moving average line. Resistance...
by skylow | Dec 11, 2019 | AUD/USD
AUDUSD, H4: AUDUSD was traded flat neat the resistance level at 0.6815. However, MACD which illustrated bearish bias momentum suggest the pair to be traded lower in short term toward the support level at 0.6770. Resistance level: 0.6815, 0.6855 Support level:...
by skylow | Dec 11, 2019 | NZD/USD
NZDUSD, H4: NZDUSD was traded lower following prior breakout below the previous support level at 0.6535. MACD which illustrated bearish momentum suggest the pair to extend its losses toward support level at 0.6490. Resistance level: 0.6535, 0.6570 Support...
by skylow | Dec 11, 2019 | USD/CAD
USDCAD, Daily: USDCAD was traded lower following prior retracement near the resistance level at 1.3265. However, MACD which illustrate diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level:...