by richmond | Mar 31, 2020 | GOLD
GOLD_, H4: Gold price was traded within a range while currently near the support level at 1606.20. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. Resistance level:...
by richmond | Mar 31, 2020 | Daily Analysis
31 March 2020 Afternoon Session Analysis Yen slips amid closing end of fiscal year. The Japanese Yen which traded against the greenback and other currencies have fell during late Asian session after Japanese investors and companies rushed to cover a...
by richmond | Mar 30, 2020 | Weekly Analysis
30 March 2020 Weekly Analysis GCMAsia Weekly Report: March 30 – April 3 Market Review (Forex): March 23 – 27 US Dollar The dollar index which traded against a basket of six major currency pairs have experience a tremendous sell-off...
by richmond | Mar 30, 2020 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded higher while currently testing the resistance level at 98.95. MACD which illustrated increasing bullish momentum suggest the index to extend its gains after it successfully breakout above the resistance level. Resistance...
by richmond | Mar 30, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.2505. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses toward support level at 1.2290. Resistance level: 1.2505, 1.2730...
