by skylow | Jul 4, 2019 | USD/CAD
USDCAD, H4: USDCAD extended its losses while currently testing at the support of 1.3050. MACD which has formed a bearish signal suggests the pair to advance further down after closing below 1.3050. Resistance level: 1.3120, 1.3220 Support level: 1.3050,...
by skylow | Jul 4, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior retracement from its higher level. MACD which has formed a bearish signal suggests the pair to be traded lower after closing below the 20-MA line (red). Resistance level: 0.9890, 0.9970 Support level: 0.9835,...
by skylow | Jul 4, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior breakout at 57.25. MACD which illustrate bullish signal suggests its prices to advance further up, towards the direction of 58.85. Resistance level: 58.85, 59.60 Support level: 57.25,...
by skylow | Jul 4, 2019 | GOLD
GOLD_, H1: Gold price was traded higher following prior rebound from the support of 1415.00. MACD which illustrate diminishing downward momentum suggests its price to extend further up after closing above the 20-MA line (red). Resistance level: 1435.00, 1448.00...
by skylow | Jul 4, 2019 | Daily Analysis
4 July 2019 Morning Session Analysis Muted reaction as Independence Day approaches. US dollar remains traded within a tight range following the release of bearish economic data from the region. According to ADP, Nonfarm...