by richmond | Nov 8, 2019 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher while currently testing the resistance level at 57.00. However, MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short-term as technical correction. Resistance...
by richmond | Nov 8, 2019 | GOLD
GOLD_, Daily: Gold price was traded lower following prior breakout below the previous support level at 1474.75. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward the support level at 1442.00. Resistance level:...
by richmond | Nov 8, 2019 | Daily Analysis
08 November 2019 Afternoon Session Analysis Probability of further rate cut declined. Dollar index which gauge its value against a basket of six major currencies eked out its previous losses, rose back to three weeks high level. Recent good...
by richmond | Nov 7, 2019 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded higher following prior breakout above the previous resistance level at 97.55. MACD which illustrated increasing bullish momentum suggest the index to extend its gains toward resistance level at 97.95. Resistance...
by richmond | Nov 7, 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 extend its losses toward support level at 1.2780. Resistance level: 1.2980, 1.3180...