by skylow | Aug 19, 2019 | EUR/USD
EURUSD, Daily: EURUSD was traded lower following prior breakout below the previous support level at 1.1115. MACD which bearish momentum suggest the pair to extend its losses toward the support level at 1.1070. Resistance level: 1.1115, 1.1155 Support level:...
by skylow | Aug 19, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded higher following prior breakout above the previous resistance level at106.00. However, MACD which display diminishing bullish momentum suggest the pair to undergo short term technical correction toward the support level at 106.00. ...
by skylow | Aug 19, 2019 | AUD/USD
AUDUSD, H4: AUDUSD was traded higher while currently testing the downward channel’s top level. Due to lack of signal from MACD, it is suggested to wait for further signal appeared such as breakout above or a retracement before entering the market. Resistance...
by skylow | Aug 19, 2019 | NZD/USD
NZDUSD, H4: NZDUSD was traded lower following prior retracement from the resistance level at 0.6465. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 0.6395. Resistance...
by skylow | Aug 19, 2019 | USD/CAD
USDCAD, H4: USDCAD was traded higher while currently testing the resistance level at 1.3275. MACD which display diminishing bearish momentum signal suggest the pair to extend its gains after successfully breakout above the resistance level at 1.3275. Resistance...