by skylow | Jul 18, 2019 | USD/CAD
USDCAD, Daily: USDCAD was traded lower while currently testing the support level at 1.3050. However, MACD which display bullish bias momentum suggest the pair to undergo short term technical correction toward the resistance level at 1.3095. Resistance level:...
by skylow | Jul 18, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level near 0.9880. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 0.9840. Resistance...
by skylow | Jul 18, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing the resistance level at 56.85. MACD which illustrate diminishing bearish momentum suggest the commodity to extend its gains after successfully breakout above the resistance level at 56.85. ...
by skylow | Jul 18, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1424.05. MACD which illustrate diminishing bullish momentum signal suggest the commodity to extend its retracement toward the support level at 1403.00. Resistance...
by skylow | Jul 18, 2019 | Daily Analysis
18 July 2019 Afternoon Session Analysis AUD in bid as rate cut fear diminishes. Australian dollar extended gains during Asian trading session although recent data showed mixed signals in its employment market. For the month of...
