by skylow | Aug 16, 2019 | USD/CAD
USDCAD, H1: USDCAD was traded higher following prior rebound from the support level at 1.3310. MACD which illustrate diminished bearish momentum suggest the pair to extend its gains toward the resistance level at 1.3385. Resistance level: 1.3385, 1.3450 Support...
by skylow | Aug 16, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded higher following prior breakout above the previous resistance level at 0.9755. MACD which display bullish momentum suggest the pair to extend its gains toward the resistance level at 0.9790. Resistance level: 0.9790, 0.9840 Support...
by skylow | Aug 16, 2019 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded lower while currently testing the support level at 54.65. However, MACD which illustrate bullish bias momentum suggest the commodity to be traded higher in short term toward the resistance level at 55.90. Resistance...
by skylow | Aug 16, 2019 | GOLD
GOLD_, H4: Gold price was traded higher following prior rebound from the support level 1507.10. MACD which illustrate bullish momentum and the formation of golden cross suggest gold to extend its gains towards the resistance level 1532.05. Resistance level:...
by skylow | Aug 16, 2019 | Daily Analysis
16 August 2019 Morning Session Analysis Greenback revived as positive economic data. Dollar index which gauge its value against a basket of six major currencies rose amid release of a batch of upbeat economic data from US region tempered...