by keyk | Aug 20, 2018 | USD/JPY
USDJPY, Daily: USDJPY was traded lower following recent breakout below the previous support level 110.95. Price action and MACD which illustrate persistent bearish momentum suggest the pair to extend its losses towards the support level 109.45. Resistance...
by keyk | Aug 20, 2018 | EUR/USD
EURUSD, Daily: EURUSD was traded higher following prior rebound from the support level 1.1315. Recent price action and MACD which illustrate bullish signal with starting formation of golden cross suggest the pair to extend its rebound towards the resistance level...
by keyk | Aug 20, 2018 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower following recent breakout below the previous support level 1.2785. Although MACD which display diminished bearish momentum with starting formation of golden cross, a breakout above the current resistance level 1.2785 is required...
by keyk | Aug 20, 2018 | Daily Analysis, Weekly Analysis
20 August 2018 Weekly Analysis GCMAsia Weekly Report: August 20 – 24 Market Review (Forex): August 13 – August 17 US Dollar US Dollar has continued its downfall following the latest release of Michigan Consumer Sentiment Index...
by keyk | Aug 17, 2018 | USD/CHF
USDCHF, H1: USDCHF was traded lower following prior retracement from the resistance level 0.9975. MACD which illustrate diminished bullish momentum and starting formation of death cross suggest the pair to extend its bearish momentum towards the support level 0.9955....