by richmond | May 19, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the resistance level at 32.75. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 28.85. Resistance level: 32.75,...
by richmond | May 19, 2020 | GOLD
GOLD_, H1: Gold price was traded higher while currently testing the resistance level at 1739.65. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains after it successfully breakout above the resistance level. Resistance...
by richmond | May 19, 2020 | Daily Analysis
19 May 2020 Afternoon Session Analysis Euro retreats following ECB Lagarde defiance. During late Asian session, the Euro which traded against the greenback and other currency pairs have retreat from its higher after ECB President Christine...
by richmond | May 18, 2020 | Weekly Analysis
18 May 2020 Weekly Analysis GCMAsia Weekly Report: May 18 – 23 Market Review (Forex): May 11 – May 16 US Dollar The dollar index which traded against a basket of six major currency pairs surged last week as Federal Reserve Chair Jerome Powell...
by richmond | May 18, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded flat near the MA line. However, MACD which illustrate bearish bias signal with the formation of death cross suggest the dollar to be traded lower in short term towards the support level 99.50. Resistance level: 100.80,...
