by skylow | Nov 27, 2019 | USD/CAD
USDCAD, H4: USDCAD was traded lower while currently testing the upward trend line. MACD which illustrated bearish momentum suggest the pair to extend its losses after it successfully breakout below the trend line. Resistance level: 1.3375, 1.3335 Support level:...
by skylow | Nov 27, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level at 0.9985. MACD which illustrated bearish momentum and the formation of death cross suggest the pair to extend its losses toward support level at 0.9945. Resistance level:...
by skylow | Nov 27, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 58.55. MACD which illustrated diminishing of bearish momentum and the formation of golden cross suggest the commodity to extend its gains after it successfully breakout...
by skylow | Nov 27, 2019 | GOLD
GOLD_, H4: Gold price traded higher following prior breakout above the previous resistance level at 1458.70. MACD which illustrated bullish momentum suggest the commodity to extend its gains toward the next resistance level at 1471.65. Resistance level:...
by skylow | Nov 27, 2019 | Daily Analysis
27 November 2019 Morning Session Analysis Dollar sink following downbeat economic data. Dollar index which gauge its value against a basket of six major currencies fall following bearish signals were given by the negative economic...