by richmond | Dec 11, 2019 | GOLD
GOLD_, H1: Gold price was traded lower following prior retracement from the resistance level at 1466.30. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 1459.60. Resistance level: 1466.30,...
by richmond | Dec 11, 2019 | Daily Analysis
11 December 2019 Morning Session Analysis Sterling slumped, eyed on Britain election Pound Sterling slumped despite positive data from the United Kingdom region was released. According to Office for National Statistics, U.K Gross Domestic...
by richmond | Dec 9, 2019 | Weekly Analysis
09 December 2019 Weekly Analysis GCMAsia Weekly Report: December 09 – 14 Market Review (Forex): December 02 – 07 US Dollar The dollar index which measure its value against a basket of six major currency plunged in the early last week, however the...
by richmond | Dec 9, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance level at 97.75. However, MACD which illustrated increasing bullish momentum suggests the index to be traded higher in short-term as technical correction. Resistance...
by richmond | Dec 9, 2019 | GBP/USD
GBPUSD, Daily: GBPUSD was traded higher while currently testing the resistance level at 1.3160. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
