by skylow | Aug 8, 2019 | Dollar_indx
DOLLAR_INDX, H1: Dollar index remains traded within a sideways channel formation. Stochastic Oscillator which illustrate retrace signal suggests the index to be traded lower in short-term. Resistance level: 97.40, 97.80 Support level: 96.95,...
by skylow | Aug 8, 2019 | GBP/USD
GBPUSD, H1: GBPUSD remains traded within a narrowing triangle formation. Due to the lack of MACD and price action, it is suggested to wait for a breakout before entering the market. Resistance level: 1.2160, 1.2190 Support level: 1.2135,...
by skylow | Aug 8, 2019 | EUR/USD
EURUSD, H1: EURUSD remains traded within a narrowing triangle formation. MACD which illustrate diminished downward momentum suggests the pair to be traded higher in short-term. Resistance level: 1.1220, 1.1265 Support level: 1.1170,...
by skylow | Aug 8, 2019 | USD/JPY
USDJPY, H1: USDJPY was traded lower following prior retracement from its higher levels. MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term after closing below the 20-MA line (red). Resistance level: 106.50,...
by skylow | Aug 8, 2019 | AUD/USD
AUDUSD, H4: AUDUSD was traded higher following prior rebound while currently testing at the downward trendline. MACD which has formed a bullish signal suggests the pair to extend its gains after a breakout at the trendline occurred. Resistance level: 0.6830,...