by richmond | Apr 7, 2020 | Daily Analysis
07 April 2020 Afternoon Session Analysis Kiwi gains following RBNZ latest statement. The New Zealand Kiwi have rose against the dollar and other currency during late Asian session after the latest statement released by the Reserve Bank of New...
by richmond | Apr 6, 2020 | Weekly Analysis
6 April 2020 Weekly Analysis GCMAsia Weekly Report: April 6 – 11 Market Review (Forex): March 30 – April 4 US Dollar The dollar index which traded against a basket of six major currency pairs surged last week as investors shift their portfolio...
by richmond | Apr 6, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing near the resistance level 101.10. However, MACD which illustrate diminishing bullish momentum suggest the dollar to experience a technical correction in short term towards the support level 98.75....
by richmond | Apr 6, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded flat near the resistance level 1.2290 following prior breakout below previous support level. However, MACD which illustrate persistent bearish momentum signal suggest the pair to extend its losses towards the support level 1.1990. ...
by richmond | Apr 6, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded lower while currently testing near the support level 1.0780. However, MACD which illustrate diminishing bearish momentum with the starting formation of golden cross suggest the pair to be traded higher as a technical correction towards...
