by chery | Dec 17, 2018 | Weekly Analysis
17 December 2018 Weekly Analysis GCMAsia Weekly Report: December 17 – 21 Market Review (Forex): December 10 – December 14 US Dollar The US dollar appreciated throughout the week while closing Friday’s market higher at $97.40. Dollar bulls was being...
by chery | Dec 13, 2018 | GOLD
GOLD_, H4: Gold price remains traded in a sideway channel following prior retracement from the resistance level 1246.45. MACD which illustrate bearish bias suggest the commodity to extend its retracement towards the lower level of channel near the support level...
by chery | Dec 13, 2018 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level 51.60. MACD which display bearish signal and the formation of death cross suggest the commodity to extend its losses towards the support level 50.50. ...
by chery | Dec 13, 2018 | USD/CHF
USDCHF, H1: USDCHF was traded higher following prior breakout above the previous resistance level 0.9925. MACD which illustrate bullish signal and formation of golden cross suggest the pair to extend its gains towards the resistance level 0.9965. Resistance...
by chery | Dec 13, 2018 | USD/CAD
USDCAD, H1: USDCAD was traded higher while currently testing near the resistance level 1.3355. MACD which illustrate diminishing bullish momentum suggest the pair to undergo technical correction and retrace from the resistance level. Resistance level: 1.3355,...