by richmond | Nov 4, 2019 | Weekly Analysis
4 November 2019 Weekly Analysis GCMAsia Weekly Report: November 4 – 8 Market Review (Forex): October 28 – November 1 US Dollar The dollar index which is measured against a basket of six major currency pairs have fell last week while closing last...
by richmond | Nov 1, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower while currently testing near the support level 96.85. MACD which illustrate ongoing bearish momentum signal suggest the dollar to extend its losses after it breaks below the support level. Resistance level: 97.70,...
by richmond | Nov 1, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher while currently testing near the resistance level 1.3005. However, MACD which display diminishing bullish momentum signal suggest the pair to experience a technical correction in short term towards the support level 1.2785. ...
by richmond | Nov 1, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded higher while testing the resistance level 1.1170. However, MACD which illustrate diminishing bullish bias signal suggest the pair to be traded lower in short term as a technical correction towards the support level 1.1075. ...
by richmond | Nov 1, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded lower following prior breakout below the support level 108.25. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo a short term technical correction towards the current resistance level at 108.25....