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030419 USDCAD-Noon

USDCAD, H4: USDCAD was traded lower following prior retracement from the resistance level at 1.3345. However, MACD which illustrate diminishing bearish momentum and the formation of golden cross suggest the pair to undergo technical correction toward the resistance...

030419 USDCHF-Noon

USDCHF, H4: USDCHF was traded lower following prior breakout below the previous support level at 0.9985. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 0.9965.   Resistance...

030419 CrudeOIL-Noon

CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level at 62.60. MACD which display bullish bias momentum suggest the commodity to extend its gains toward the resistance level at 64.10.   Resistance level:...

030419 GOLD_-Noon

GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1292.30. MACD which illustrate bullish momentum and the formation of golden cross suggest gold to extend its gains after a successful breakout at the resistance level of 1292.30....

030419 Afternoon Session Analysis

3 April 2019                         Afternoon Session Analysis     AUD shines as data delivers. Australian dollar rebounds sharply from its prior low level following the release of economic data from the region. As of writing, pair of AUD/USD tacks up...