by richmond | Jan 14, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower while currently testing the support level at 57.95. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. Resistance level:...
by richmond | Jan 14, 2020 | GOLD
GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level at 1550.30. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 1528.75. Resistance level:...
by richmond | Jan 14, 2020 | Daily Analysis
14 January 2020 Morning Session Analysis Pound slumped amid to bleak economic data. Pound Sterling slumped on yesterday following bleak economic data from the UK region, lifting the likelihood that the Bank of England will cut interest rates this...
by richmond | Jan 13, 2020 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded lower following prior breakout below the previous support level at 59.65. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 58.15. Resistance level:...
by richmond | Jan 13, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance level at 97.20. MACD which illustrated increasing bearish momentum suggest the index to extend its losses toward support level at 96.65. Resistance level: 97.20,...