by skylow | Aug 19, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded higher following prior rebound from the upward trend line. However, MACD which illustrate diminishing bullish momentum suggest the pair to be trade lower in short term toward the support level at 0.9780. Resistance level: 0.9840,...
by skylow | Aug 19, 2019 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following prior rebound from the support level at 54.65. MACD which display bullish momentum suggest the commodity to extend its gains toward the resistance level at 55.90. Resistance level: 55.90, 56.80...
by skylow | Aug 19, 2019 | GOLD
GOLD_, H4: Gold price was traded lower while currently testing the support level at 1507.10. MACD which display bearish momentum suggest the commodity to extend its losses after successfully breakout below the support level at 1507.10. Resistance level:...
by skylow | Aug 19, 2019 | Daily Analysis
19 August 2019 Afternoon Session Analysis Trade tensions further pressure FX market. Last week, market cheered on positive developments in trade talks after US President Donald Trump delayed additional 10% tariffs on Chinese goods. After...
by skylow | Aug 16, 2019 | EUR/USD
EURUSD, Daily: EURUSD was traded lower following prior breakout below the previous support level at 1.1115. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses towards the support level 1.1070. Resistance...