by richmond | Feb 28, 2020 | GOLD
GOLD_, Daily: Gold price was traded lower following prior retracement from the resistance level at 1674.70. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 1561.80. Resistance level:...
by richmond | Feb 28, 2020 | Daily Analysis
28 February 2020 Afternoon Session Analysis Japanese yen soars as market risk escalates. Japanese yen received substantial bullish support following risk aversion in the financial market. According to Reuters, 29 Turkish soldiers was...
by richmond | Feb 27, 2020 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded lower following prior breakout below the previous support level at 98.95. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 98.25. Resistance level:...
by richmond | Feb 27, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level at 1.2905. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance level: 1.2945,...
by richmond | Feb 27, 2020 | EUR/USD
EURUSD, Daily: EURUSD was traded higher while currently testing the resistance level at 1.0915. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...