by skylow | Jul 5, 2019 | EUR/USD
EURUSD, H1: EURUSD remains traded within a sideways channel. Due to the lack of signal from MACD and price action, it is suggested to wait for further signals before entering the market. Resistance level: 1.1305, 1.1345 Support level: 1.1275,...
by skylow | Jul 5, 2019 | USD/JPY
USDJPY, H1: USDJPY remains traded within a narrowing triangle formation. Due to the lack of signal from MACD and price action, it is suggested to wait for a breakout before entering the market. Resistance level: 108.25, 108.50 Support level: 107.70,...
by skylow | Jul 5, 2019 | AUD/USD
AUDUSD, Daily: AUDUSD was traded lower following prior retracement from the top level of descending channel. MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term as technical correction. Resistance level: 0.7040,...
by skylow | Jul 5, 2019 | NZD/USD
NZDUSD, H4: NZDUSD remains traded within a narrowing triangle formation. Both MACD and Stochastic which illustrate rebound signal suggests the pair to be traded higher in short-term. Resistance level: 0.6710, 0.6765 Support level: 0.6655,...
by skylow | Jul 5, 2019 | USD/CAD
USDCAD, H4: USDCAD was traded lower while currently testing at the support level near 1.3050. MACD which illustrate bearish signal suggests the pair to extend its losses after closing below 1.3050. Resistance level: 1.3120, 1.3220 Support level: 1.3050,...