by richmond | Jun 5, 2020 | GOLD
GOLD_, H1: Gold price was traded lower while currently testing the support level at 1708.35 MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses after it successfully breakout below the support level. Resistance level:...
by richmond | Jun 5, 2020 | Daily Analysis
05 June 2020 Afternoon Session Analysis Dollar extend losses following President Trump’s threat. The dollar index which traded against a basket of six major currency pairs continue to experience huge selling pressure during late Asian session as...
by richmond | Jun 4, 2020 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded lower while currently testing the support level at 97.10. However, MACD which illustrated diminishing bearish momentum suggest the index to be traded higher in short-term as technical correction. Resistance level:...
by richmond | Jun 4, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.2590. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 1.2435. Resistance level: 1.2590, 1.2745...
by richmond | Jun 4, 2020 | EUR/USD
EURUSD, Daily: EURUSD was traded higher while currently testing the resistance level 1.1235. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance level: 1.1235, 1.1335...
