by richmond | Jun 11, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 40.25. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 37.60. Resistance level: 40.25,...
by richmond | Jun 11, 2020 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1738.70. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 1722.65. Resistance level: 1738.70,...
by richmond | Jun 11, 2020 | Daily Analysis
11 June 2020 Afternoon Session Analysis Aussie slips amid increasing risk-off sentiment. The Aussie dollar which traded against the greenback and other currency pairs have retreat from its high during late Asian session following downbeat data...
by richmond | Jun 10, 2020 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded lower while currently testing the support level at 96.20. However, MACD which illustrated diminishing bearish momentum suggest the index to be traded higher in short-term as technical correction. Resistance level: 96.50,...
by richmond | Jun 10, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher while currently testing the resistance level at 1.2765. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...