by richmond | Jun 17, 2020 | Daily Analysis
17 June 2020 Afternoon Session Analysis Dollar revived amid upbeat economic data. Dollar index which gauge its value against a basket of six major currencies managed to extend its rebound after hitting its recent low level amid recent economic...
by richmond | Jun 12, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently near the resistance level at 97.00. MACD which illustrated increasing bullish momentum suggest the index to extend its gains after it successfully breakout above the resistance level. Resistance...
by richmond | Jun 12, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.2625. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 1.2490. Resistance level: 1.2625, 1.2725...
by richmond | Jun 12, 2020 | EUR/USD
EURUSD, Daily: EURUSD was traded lower while currently near the support level at 1.1245. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level: 1.1405,...
by richmond | Jun 12, 2020 | USD/JPY
USDJPY, H4: USDJPY was traded higher while currently testing the resistance level at 107.20. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...