by richmond | Jun 22, 2020 | Weekly Analysis
22 June 2020 Weekly Analysis GCMAsia Weekly Report: June 22 – 27 Market Review (Forex): June 15 – 20 US Dollar The dollar index which traded against a basket of six major currency pairs extent its gains last week amid diminishing hopes upon the...
by richmond | Jun 17, 2020 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded within a range while currently testing the resistance level at 97.15. MACD which illustrated diminishing bullish momentum suggest the index to be traded lower in short-term as technical correction. Resistance level:...
by richmond | Jun 17, 2020 | GBP/USD
GBPUSD, H1: GBPUSD was traded lower while currently testing the support level at 1.2540. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level: 1.2640, 1.2710...
by richmond | Jun 17, 2020 | EUR/USD
EURUSD, Daily: EURUSD was traded lower while currently testing the support level at 1.1245. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level:...
by richmond | Jun 17, 2020 | AUD/USD
AUDUSD, H4: AUDUSD was traded lower following prior breakout below the previous support level at 0.6915. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses toward support level at 0.6815. Resistance level: 0.6915, 0.7015...