by willy | May 24, 2023 | NZD/USD
NZDUSD, H4: NZDUSD was traded lower following the prior break below the previous support level at 0.6195. MACD which illustrated increasing bearish momentum suggests the pair extended it losses toward the support level. Resistance level: 0.6195, 0.6265 Support...
by willy | May 24, 2023 | USD/CAD
USDCAD, H4: USDCAD was traded higher following the prior rebound above the lower level. MACD which illustrated bullish momentum suggests the pair extended its gains toward the resistance level at 1.3515. Resistance level: 1.3515, 1.3600 Support level: 1.3420,...
by willy | May 24, 2023 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing the support level at 0.9005. MACD which illustrated diminishing bullish momentum suggests the pair extended its losses after it successfully breakout below the support level. Resistance level: 0.9090,...
by willy | May 24, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following the prior breaks above the previous resistance level at 73.20. MACD which illustrated increasing bullish momentum suggests the commodity extended its gains toward the resistance level. Resistance level:...
by willy | May 24, 2023 | GOLD
GOLD_, H4: Gold price was traded higher following the prior rebound from the support level at 1954.90. However, MACD which illustrated diminishing bullish momentum suggests the commodity undergo a technical correction in the short term. Resistance level:...