by skylow | Dec 5, 2019 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the resistance level at 58.60. MACD which illustrate bearish momentum suggest the commodity to extend its losses toward the support level at 57.60. Resistance level: 58.60, 59.70...
by skylow | Dec 5, 2019 | GOLD
GOLD_, H4: Gold price was traded higher following prior rebound from the support level 1471.65. However, MACD which illustrate bearish signal with the starting formation of death cross suggest the commodity to undergo technical correct in short term. Resistance...
by skylow | Dec 5, 2019 | Daily Analysis
5 December 2019 Afternoon Session Analysis Canadian dollar skyrocketed, cash rate unchanged. The single currency of Canada surged, forcing the pair of USD/CAD plunged to one month low level after Bank of Canada (BoC) remains its...
by skylow | Dec 5, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement back below the resistance level 1477.90. MACD which illustrate bearish bias signal with the starting formation of death cross suggest the commodity to extend its retracement towards the support level...
by skylow | Dec 5, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing near the resistance level 58.55. However, MACD which illustrate diminishing bullish momentum suggest the commodity to experience a short term technical correction towards the support level 57.50...