by skylow | Jul 25, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded flat near the resistance of 1.1150. However, both MA line which continues to expand downward suggests the pair to extend its losses in mid-term. Resistance level: 1.1150, 1.1200 Support level: 1.1110,...
by skylow | Jul 25, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded lower following prior retracement from 108.25. MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term towards the direction of 108.00. Resistance level: 108.25, 108.50 Support level:...
by skylow | Jul 25, 2019 | AUD/USD
AUDUSD, Daily: AUDUSD was traded lower following prior retracement from the higher levels. MACD which illustrate bearish signal suggests the pair to extend its losses after breaking the upward trendline. Resistance level: 0.7000, 0.7040 Support level: 0.6960,...
by skylow | Jul 25, 2019 | NZD/USD
NZDUSD, Daily: NZDUSD was traded lower while currently testing near the 20-MA line (red). MACD which has formed a bearish signal suggests the pair to extend its losses after closing below the MA line. Resistance level: 0.6710, 0.6735 Support level: 0.6655,...
by skylow | Jul 25, 2019 | USD/CAD
USDCAD, H1: USDCAD was traded flat in between 1.3140 and 1.3125. Due to the lack of signal from both MACD and price action, it is suggested to wait for a breakout before entering the market. Resistance level: 1.3140, 1.3190 Support level: 1.3125,...