by richmond | Nov 12, 2019 | Daily Analysis
12 November 2019 Morning Session Analysis Pound sterling rebounds over positive developments. Pound Sterling extended gains after Brexit Party claimed that they would not contest previously Conservative held seats in the UK’s upcoming...
by richmond | Nov 11, 2019 | Weekly Analysis
11 November 2019 Weekly Analysis GCMAsia Weekly Report: November 11 – 15 Market Review (Forex): November 4 – 8 US Dollar The dollar index which is measured against a basket of six major currency pairs surged last week while closing last Friday...
by richmond | Nov 8, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing the resistance level at 97.95. However, MACD which illustrated diminishing bullish momentum suggest the index to be traded lower in short-term as technical correction. Resistance level:...
by richmond | Nov 8, 2019 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower following prior retracement from the resistance level at 1.2980. MACD which illustrated increasing bearish momentum suggest the pair to be traded lower toward the support level at 1.2780. Resistance level: 1.2980, 1.3180...
by richmond | Nov 8, 2019 | EUR/USD
EURUSD, Daily: EURUSD was traded lower following prior breakout below the previous support at 1.1075. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 1.1010. Resistance level: 1.1075, 1.1165...
