by richmond | Apr 20, 2020 | Daily Analysis
20 April 2020 Afternoon Session Analysis Aussie slips despite PBoC rate cut. The Australian dollar which traded against the greenback and its peer have fell during late Asian session following with the latest rate from China’s central bank PBoC....
by richmond | Apr 20, 2020 | Weekly Analysis
20 April 2020 Weekly Analysis GCMAsia Weekly Report: April 20 – 25 Market Review (Forex): April 13 – 18 US Dollar The dollar index which traded against a basket of six major currency pairs surged last week amid to risk-off sentiment as worsening...
by richmond | Apr 17, 2020 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded higher following prior rebound from the support level at 99.65. However, MACD which illustrated increasing bearish momentum suggest the index to be traded lower in short-term as technical correction. Resistance level:...
by richmond | Apr 17, 2020 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher following prior rebound from the support level at 1.2455. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance level: 1.2620,...
by richmond | Apr 17, 2020 | EUR/USD
EURUSD, H1: EURUSD was traded higher following prior rebound from the support level at 1.0835. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance level: 1.0905,...