by richmond | Mar 6, 2020 | Daily Analysis
06 March 2020 Morning Session Analysis Dollar index fell following the negative data were released. The Dollar index which traded against a basket of six major currency pairs slumped over a backdrop of bleak data from the United Stated yesterday....
by richmond | Mar 5, 2020 | Daily Analysis
05 March 2020 Afternoon Session Analysis Aussie remain steady following upbeat trade data. The Australian dollar which traded against the dollar and its peers remain steady on high level after the above-forecast trade surplus data. According to...
by richmond | Mar 5, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance level at 97.60. However, MACD which illustrated increasing bullish momentum suggest the index to be traded higher in short-term as technical correction. Resistance...
by richmond | Mar 5, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was higher while currently testing the resistance level at 1.2875. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level: 1.2870,...
by richmond | Mar 5, 2020 | EUR/USD
EURUSD, Daily: EURUSD was lower while currently testing the support level at 1.1130. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level: 1.1175,...