by richmond | Feb 3, 2020 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded lower following prior breakout below the previous support level at 50.15. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. ...
by richmond | Feb 3, 2020 | GOLD
GOLD_, H4: Gold price was traded higher following prior breakout above the previous resistance level at 1582.70. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains toward resistance level at 1594.45. Resistance level:...
by richmond | Feb 3, 2020 | Daily Analysis
03 February 2020 Morning Session Analysis Yen surged as fears of coronavirus continue. Japanese Yen surged on last Friday amid to the risk-off sentiment in the FX market following the outbreak of the coronavirus. According to CNBC, the...
by richmond | Jan 31, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower while currently testing at the upward trendline. MACD which illustrate bearish signal suggests the pair to extend its losses after breaking the trendline. Resistance level: 97.65, 97.90 Support level: 97.20, 97.00...
by richmond | Jan 31, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the lower level. MACD which illustrate bullish signal suggests the pair to extend its gains towards the direction of 1.3135. Resistance level: 1.3135, 1.3200 Support level: 1.3055,...