by skylow | Aug 9, 2019 | USD/CAD
USDCAD, H4: USDCAD was traded lower while currently testing at the upward trendline. MACD which illustrate bearish signal suggests the pair to extend its losses after breaking the trendline. Resistance level: 1.3235, 1.3290 Support level: 1.3220,...
by skylow | Aug 9, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded lower after closing below the support of 0.9745. MACD which illustrate diminishing upward momentum suggests the pair to extend its losses, towards the direction of 0.9700. Resistance level: 0.9745, 0.9790 Support level: 0.9700,...
by skylow | Aug 9, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing at the resistance of 53.00. MACD which illustrate bullish signal suggests its price to extend its gains after closing above 53.00. Resistance level: 53.00, 54.45 Support level: 51.60,...
by skylow | Aug 9, 2019 | GOLD
GOLD_, H1: Gold price was traded higher following prior rebound from the lower levels. However, MACD which illustrate diminished upward momentum suggests its price to experience technical corrections in the short-term. Resistance level: 1515.00, 1535.35 Support...
by skylow | Aug 9, 2019 | Daily Analysis
9 August 2019 Morning Session Analysis Greenback awaits PPI. US dollar remains traded within a tight range while market participant waits the release of Producer Price Index (PPI) data later tonight. As of writing, the dollar index...