by richmond | Oct 1, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level 55.30. However, MACD which illustrate diminishing bearish momentum suggest the commodity to be traded higher as a short term technical correction towards the...
by richmond | Oct 1, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level 1487.35. MACD which illustrate persistent bearish momentum signal suggest the commodity to extend its losses towards the support level 1452.15. Resistance level:...
by richmond | Oct 1, 2019 | Daily Analysis
1 October 2019 Afternoon Session Analysis Pound slump despite positive economic data. Pound Sterling slump despite recent economic data from the region fared better than expected. According to Office for National Statistics, U.K Gross Domestic Product...
by richmond | Sep 30, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following prior rebound from the support level at 98.55. MACD which illustrated increasing bullish momentum suggests the pair to be traded higher toward the resistance level at 98.85. Resistance level: 98.85, 99.20...
by richmond | Sep 30, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retrace from the resistance level at 1.2310. However, MACD which illustrated diminishing bearish momentum suggests the pair to be traded higher in short-term as technical correction. Resistance level: 1.2310,...