by skylow | Mar 19, 2019 | NZD/USD
NZDUSD, H4: NZDUSD was traded higher following prior rebound from the support level at 0.6840. Due to lack of signal from MACD, a retracement from or breakout above the resistance level is required to attain further confirmation before entering the market. ...
by skylow | Mar 19, 2019 | USD/CAD
USDCAD, H1: USDCAD was traded lower following prior retracement from the top level of upward channel. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.3320. Resistance...
by skylow | Mar 19, 2019 | USD/CHF
USDCHF, H1: USDCHF was traded lower following prior breakout below the previous support level at 1.0025. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses toward the next support level at 0.9990. Resistance level: 1.0025,...
by skylow | Mar 19, 2019 | Crudeoil
CrudeOIL, H4: Crude oil was traded higher while currently testing the resistance level at 59.45. Due to lack of clear signal from MACD, it is suggested to wait until further signal appear such as a breakout above or retracement from the resistance level before...
by skylow | Mar 19, 2019 | GOLD
GOLD_, H4: Gold was traded higher following prior breakout above the downward trend line. MACD which illustrate bullish momentum and the formation of golden cross suggest the commodity to extend its gains toward the resistance level at 1310.35. Resistance...
