by chery | May 8, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded higher following prior rebound from the support level 1.1180. However, due to lack of momentum and clear direction from MACD, a breakout above the resistance level 1.1215 or below the support level 1.1180 is required to attain further...
by chery | May 8, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the MA line 50 (blue). MACD which illustrate diminishing bearish momentum suggest the pair to extend its rebound towards the resistance level 1.3105. Resistance level: 1.3105, 1.3190 Support...
by chery | May 8, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded flat following recent retracement from its high level. However, due to lack of momentum and clear direction from MACD, it is suggested to wait until further clear signal appear such as breakout above the resistance level 97.60...
by chery | May 8, 2019 | Daily Analysis
8 May 2019 Morning Session Analysis Dollar pressured by trade concerns, Yen gains. Dollar index measuring against a basket of six major currencies edged down lower by 0.06% to 97.27 after climbing to higher levels supported by strong...
by chery | May 7, 2019 | GOLD
GOLD_, H4: Gold price remained traded in a sideway channel following prior rebound from the 60-MA line (red). However, MACD which illustrate diminishing bullish momentum suggest gold to undergo short-term technical correction and retrace towards the support level...
