by keyk | Aug 27, 2018 | USD/JPY
USDJPY, Daily: USDJPY was traded higher following prior breakout above the previous resistance level 110.95. MACD which illustrate bullish signal with golden cross formation suggest the pair may extend its gains towards the resistance level 112.05. Resistance...
by keyk | Aug 27, 2018 | EUR/USD
EURUSD, Daily: EURUSD was traded higher following prior breakout above the previous resistance level 1.1525. Recent price action and MAC which illustrate clear bullish signal with the golden cross formation suggest the pair may extend its gains towards the resistance...
by keyk | Aug 27, 2018 | GBP/USD
GBPUSD, Daily: GBPUSD was traded higher while currently testing the descending trend line. Price action and MACD which illustrate bullish momentum with golden cross formation suggest the pair to extend it gains towards the resistance level 1.3005 after it breaks above...
by keyk | Aug 27, 2018 | Daily Analysis, Weekly Analysis
27 August 2018 Weekly Analysis GCMAsia Weekly Report: August 27 – 31 Market Review (Forex): August 20 – August 24 US Dollar The US Dollar remained pressured by the bears after a dovish note on Fed Chairman in his speech last...
by keyk | Aug 24, 2018 | USD/CHF
USDCHF, H1: USDCHF was traded lower following recent retracement from the resistance level 0.9860. Recent price action and MACD which display bearish signal with formation of death cross suggest the pair to extend its losses towards the support level 0.9815. ...