by willy | May 3, 2023 | USD/CAD
USDCAD, H4: USDCAD was traded lower following the prior retracement from the higher level. MACD which illustrated diminishing bullish momentum suggests the pair extended its losses toward the support level at 1.3600. Resistance level: 1.3600, 1.3685 Support...
by willy | May 3, 2023 | USD/CHF
USDCHF, H4: USDCHF was traded lower following the prior breaks below the previous support level at 0.8925. MACD which illustrated increasing bearish momentum suggests the pair extended its losses toward the support level at 0.8855. Resistance level: 0.9005,...
by willy | May 3, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following the prior breaks below the previous support level at 73.20. MACD which illustrated increasing bearish momentum suggests the pair extended its losses toward the support level at 70.65. Resistance level:...
by willy | May 3, 2023 | GOLD
GOLD_, H4: Gold price was traded higher following the prior breaks above from the previous resistance level at 2009.10. However, MACD which illustrated diminishing bullish momentum suggests the commodity undergo technical correction in the short term. ...
by willy | May 3, 2023 | Daily Analysis
3 May 2023 Afternoon Session Analysis The Kiwi jumped after upbeat economic data was released. The New Zealand dollar, commonly knowns as the Kiwi, jumped to the highest level in three weeks’ time at 0.6230. The reason the Kiwi pair...