by skylow | Mar 8, 2019 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower following prior closure below 1.3100. MACD which begins to form a death cross signal suggests the pair to extend its losses, towards the direction of 1.3010. Resistance level: 1.3100, 1.3170 Support level: 1.3010,...
by skylow | Mar 8, 2019 | EUR/USD
EURUSD, Daily: EURUSD extended its losses following prior breakout at the bottom level of descending wedge. MACD which has formed a death cross signal suggests the pair to extend its losses, towards the direction of 1.1125. Resistance level: 1.1220, 1.1300...
by skylow | Mar 8, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded higher following prior rebound from the support level at 111.45. MACD which illustrate diminished downward momentum suggests the pair to extend its gains following a closure above the 20-MA line (red). Resistance level: 112.20,...
by skylow | Mar 8, 2019 | AUD/USD
AUDUSD, H4: AUDUSD was traded higher following prior rebound from the lower level. However, MACD which illustrate bearish signal suggests the pair to extend its losses, towards the direction of 0.6995. Resistance level: 0.7030, 0.7090 Support level: 0.6995,...
by skylow | Mar 8, 2019 | NZD/USD
NZDUSD, H1: NZDUSD was traded higher following prior rebound from the bottom level of descending channel. MACD which illustrate diminished downward momentum suggests the pair to be traded higher in short-term as technical correction. Resistance level: 0.6790,...