by chery | May 29, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.2690. MACD which display bearish momentum with the formation of death cross suggest the pair to extend its losses towards the support level 1.2615. Resistance level:...
by chery | May 29, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher after breaking above previous resistance level at 97.60. However, MACD which illustrate diminishing bullish momentum suggest index to undergo short-term technical correction and retrace back towards the support level...
by chery | May 29, 2019 | Daily Analysis
29 May 2019 Morning Session Analysis Greenback skyrocketed following upbeat data. Dollar index which gauge its value against a basket of six major currencies continues to glow while edging higher by 0.03% to 97.80 following upbeat consumer...
by chery | May 27, 2019 | Weekly Analysis
27 May 2019 Weekly Analysis GCMAsia Weekly Report: May 27 – May 31 Market Review (Forex): May 20 – 24 US Dollar Greenback retraced after hitting 1 year high amid downbeat data that continues to haunt the dollar market. Throughout last week, dollar...
by chery | May 24, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from its high level. MACD which illustrate diminishing bullish momentum suggest the commodity to extend its retracement towards the support level 1279.10. Resistance level: 1289.40, 1294.15...
