by richmond | Mar 3, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing the support level at 0.9570. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level: 0.9630, 0.9675...
by richmond | Mar 3, 2020 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following prior breakout above the previous resistance level at 45.45. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward resistance level at 51.45. Resistance...
by richmond | Mar 3, 2020 | GOLD
GOLD_, H4: Gold price was traded higher following prior rebound from the support level at 1588.45. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 1626.65. Resistance level: 1626.65, 1663.75...
by richmond | Mar 3, 2020 | Daily Analysis
03 March 2020 Afternoon Session Analysis Pound extend losses amid gloomy outlook. The U.K pound sterling which traded against all its peers have continue to experience a major sell-off following recent weak data and odds of an interest rate cut from...
by richmond | Mar 2, 2020 | Weekly Analysis
02 March 2020 Weekly Analysis GCMAsia Weekly Report: March 2 – 6 Market Review (Forex): February 24 – 29 US Dollar The dollar index which measure its value against a basket of six major currency slumped in last week following a string of...
