by willy | May 31, 2023 | USD/CAD
USDCAD, H4: USDCAD was traded higher following the prior rebound from the support level at 1.3600. MACD which illustrated diminishing bullish momentum suggests the pair extended its gains toward the resistance level at 1.3665. Resistance level: 1.3665, 1.3785...
by willy | May 31, 2023 | USD/CHF
USDCHF, H4: USDCHF was traded higher following the prior rebound from the lower level. MACD which illustrated bullish momentum suggests the pair extended its gains toward the resistance level at 0.9090. Resistance level: 0.9090, 0.9180 Support level: 0.9005,...
by willy | May 31, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following the prior breaks below the previous support level at 70.65. MACD which illustrated increasing bearish momentum suggests the commodity extended its losses toward the support level. Resistance level: 70.65,...
by willy | May 31, 2023 | GOLD
GOLD_, H4: Gold price was traded lower while currently testing the support level at 1954.90. MACD which illustrated diminishing bullish momentum suggests the commodity extended its losses after it successfully breakout below the support level. Resistance level:...
by willy | May 31, 2023 | Daily Analysis
31 May 2023 Afternoon Session Analysis The Aussie dipped after the crucial economic data release. The pair of AUS/USD, which is commonly knowns as the Aussie, failed to extend its gains after a series of crucial economic data releases. A...