by richmond | Oct 22, 2019 | Daily Analysis
22 October 2019 Afternoon Session Analysis Will China and US able to reach a deal? Dollar index which gauge its value against a basket of six major currencies was traded flat despite US President Donald Trump praises that trade talk with China were...
by richmond | Oct 21, 2019 | Weekly Analysis
21 October 2019 Weekly Analysis GCMAsia Weekly Report: October 21 – October 25 Market Review (Forex): October 14 – 18 US Dollar The U.S dollar which is against a basket of six major currency pairs have fell last week while closing last Friday...
by richmond | Oct 17, 2019 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded lower following prior breakout below the previous support level at 97.90. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level 97.05. Resistance level: 97.90,...
by richmond | Oct 17, 2019 | GBP/USD
GBPUSD, Daily: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.2765. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains toward resistance level at 1.2915. Resistance level: 1.2915,...
by richmond | Oct 17, 2019 | EUR/USD
EURUSD, Daily: EURUSD was traded higher while currently testing the resistance level at 1.1085. MACD which illustrated increasing bullish momentum suggest the pair to extend its gain after it successfully breakout above the resistance level. Resistance level:...
