by skylow | Oct 31, 2019 | USD/CAD
USDCAD, Daily: USDCAD was traded lower while currently testing the support level at 1.3145. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level: 1.3210, 1.3260...
by skylow | Oct 31, 2019 | USD/CHF
USDCHF, Daily: USDCHF was traded lower following prior breakout below the previous support level at 0.9895. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance...
by skylow | Oct 31, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level at 54.65. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward resistance level at 55.50. Resistance level: 55.50,...
by skylow | Oct 31, 2019 | GOLD
GOLD_, H4: Gold price was traded higher following prior rebound from the MA line. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains toward resistance level at 1502.60. Resistance level: 1502.60, 1508.65 Support level:...
by skylow | Oct 31, 2019 | Daily Analysis
31 October 2019 Afternoon Session Analysis Loonie plunged following BoC statement. Canadian dollar slumped against the US dollar after the Bank of Canada (BoC) announced its interest rate decision. Earlier today, BoC announced to...
