by willy | May 18, 2023 | USD/CAD
USDCAD, H4: USDCAD was traded lower following the prior breakout below the previous support level at 1.3515. MACD which illustrated increasing bearish momentum suggests the pair to extend its losses toward the support level at 1.3515. Resistance level: 1.3420,...
by willy | May 18, 2023 | USD/CHF
USDCHF, H4: USDCHF was traded lower following the prior breakout below the previous support level at 0.9005. MACD which illustrated diminishing bullish momentum suggests the pair to extend its losses toward the support level. Resistance level: 0.9005, 0.9090...
by willy | May 18, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following the prior rebound from the support level at 70.65. MACD which illustrated increasing bullish momentum suggests the commodity to extend its gains toward the resistance level at 73.20. Resistance level:...
by willy | May 18, 2023 | GOLD
GOLD_, H4: Gold price was traded higher while currently testing the resistance level at 1985.50. MACD which illustrated diminishing bearish momentum suggests the commodity to extend its gains after it successfully breakout above the resistance level. Resistance...
by willy | May 18, 2023 | Daily Analysis
18 May 2023 Afternoon Session Analysis The Aussie slipped on weakened labour conditions. The Aussie dollar, which was traded against the greenback, extended its losses after the weak labor conditions in Australia. The labor data...
