by richmond | Jun 8, 2020 | Daily Analysis
8 June 2020 Afternoon Session Analysis Safe-haven Japanese Yen over the risk-on sentiment. The market sentiment had improved dramatically in the FX market as investors are now focusing on the signs of the economic rebound from the coronavirus...
by richmond | Jun 5, 2020 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded lower while currently testing the support level at 96.55. However, MACD which illustrated diminishing bearish momentum suggest the index to be traded higher in short-term as technical correction. Resistance level: 97.25,...
by richmond | Jun 5, 2020 | GBP/USD
GBPUSD, Daily: GBPUSD was traded higher while currently testing the resistance level at 1.2615. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
by richmond | Jun 5, 2020 | EUR/USD
EURUSD, H1: EURUSD was traded higher while currently testing the resistance level at 1.1350. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance level: 1.1350, 1.1420...
by richmond | Jun 5, 2020 | USD/JPY
USDJPY, H1: USDJPY was traded higher while currently testing the resistance level at 109.30. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...