by richmond | Mar 24, 2020 | GOLD
GOLD_, H4: Gold price traded higher following prior breakout above the previous resistance level at 1553.45. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains toward resistance level at 1583.50. Resistance level:...
by richmond | Mar 24, 2020 | Daily Analysis
24 March 2020 Afternoon Session Analysis Pound sterling recoup losses amid stricter lockdown measures. U.K pound sterling which traded against the greenback and its peers have rebound from its lows during late Asian session after U.K tightens its...
by richmond | Mar 23, 2020 | Weekly Analysis
23 March 2020 Weekly Analysis GCMAsia Weekly Report: March 23 – 28 Market Review (Forex): March 16 – 21 US Dollar The dollar index which measure its value against a basket of six major currency surged in last week following a continually...
by richmond | Mar 23, 2020 | Dollar_indx
DOLLAR_INDX, H4:Dollar index was traded higher while currently testing near the resistance level 101.75. However, MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to experience a technical correction in short term...
by richmond | Mar 23, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded in a sideway channel. However, MACD which illustrate bullish momentum signal with the recent formation of golden cross suggest the pair to be traded higher in short term towards the resistance level 1.1860. Resistance level:...