by richmond | Jan 2, 2020 | GOLD
GOLD_, Daily: Gold price was traded higher following prior breakout above the previous resistance level at 1512.45. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction. ...
by richmond | Jan 2, 2020 | Daily Analysis
02 January 2020 Morning Session Analysis Dollar index fall as trade tension eases. Dollar index which measures the currency against a basket of rivals slumped on Tuesday amid easing trade tensions between U.S. and China, spurring some risk-on sentiment...
by richmond | Dec 31, 2019 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded lower following prior breakout below the previous support level 96.50. MACD which illustrated increasing bearish momentum suggest the index to extend its losses toward support level at 95.95. Resistance level: 96.50,...
by richmond | Dec 31, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher while currently testing the resistance level at 1.3115. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance level: 1.3115, 1.3225...
by richmond | Dec 31, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded higher while currently testing the resistance level at 1.1220. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance level: 1.1220, 1.1270...