by richmond | Oct 2, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following retracement from the resistance level at 1484.95. However, MACD which illustrated increasing bullish momentum suggests the commodity to be traded higher in short-run as technical correction. Resistance level:...
by richmond | Oct 2, 2019 | Daily Analysis
2 October 2019 Afternoon Session Analysis Market sought for safety as dollar weakness reign supreme. U.S dollar which measured against a six pair of major rival pairs continue to dominate the market with its selling pressure following the...
by richmond | Oct 1, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing near the resistance level 99.25. However, MACD which illustrate diminishing bullish momentum suggest the dollar to experience a technical correction in short term towards the support level 98.85....
by richmond | Oct 1, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing near the support of 1.2260. MACD However, MACD which illustrate bullish bias signal suggest the pair to be traded higher in short term towards the resistance level 1.2385. Resistance level: 1.2385,...
by richmond | Oct 1, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior breakout below the previous support level 1.0915. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its losses towards the support level 1.0850. ...
