by skylow | May 7, 2019 | USD/CAD
USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.3440. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.3390. Resistance...
by skylow | May 7, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level at 1.0180. MACD which display bearish momentum suggest the pair to extend its losses toward the support level at 1.0155. Resistance level: 1.0180, 1.0220 Support level:...
by skylow | May 7, 2019 | Crudeoil
CrudeOIL, H4: Crude oil was traded lower following prior retracement from the resistance level at 62.75. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 61.45. Resistance level: 62.75,...
by skylow | May 7, 2019 | GOLD
GOLD_, H4: Gold was traded higher following prior rebound from the support level at 1278.45. MACD which illustrate bullish bias momentum suggest the commodity to extend its gains toward the resistance level at 1287.65. Resistance level: 1287.65, 1293.20 Support...
by skylow | May 7, 2019 | Daily Analysis
7 May 2019 Afternoon Session Analysis AUD spikes, RBA remains neutral. Australian dollar skyrocketed during mid-Asian trading session following the release of statement from the Reserve Bank of Australia (RBA). As of writing,...
