by keyk | Dec 24, 2018 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded lower following prior retrace from the resistance of 96.45. MACD which begins to form a death cross signal suggests the index to extend its losses after a close below 20-MA line (red). Resistance level: 96.25, 96.45...
by keyk | Dec 24, 2018 | Daily Analysis
24 December 2018 Afternoon Session Analysis Greenback bruised by data and politics. US dollar extended its losses during mid-Asian trading session following political instability while coupled with bearish economic data from last...
by keyk | Dec 24, 2018 | Daily Analysis, Weekly Analysis
24 December 2018 Weekly Analysis GCMAsia Weekly Report: December 24 – 28 Market Review (Forex): December 17 – December 21 US Dollar The US dollar steadied for the week while closing Friday’s market higher at $96.42. Index dollar was supported by the...
by keyk | Dec 19, 2018 | GOLD
GOLD_, H4: Gold was traded higher following recent breakout above the previous resistance level 1249.50. However, MACD which illustrate diminishing bearish momentum with the formation of bearish divergence suggest the commodity to be traded lower as a short-term...
by keyk | Dec 19, 2018 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level 46.15. MACD which illustrate diminishing bearish momentum suggest the commodity to undergo a technical correction and rebound from the support level 46.15. Resistance...