by richmond | May 7, 2020 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following prior retracement from the resistance level at 25.90. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 20.40. Resistance level: 25.90,...
by richmond | May 7, 2020 | GOLD
GOLD_, H4: Gold price was traded lower following prior breakout below the previous support level at 1696.75. However, MACD which illustrated diminishing bearish momentum suggest the commodity to be traded higher in short-term as technical correction. Resistance...
by richmond | May 7, 2020 | Daily Analysis
07 May 2020 Afternoon Session Analysis Euro remains weak as ECB court ruling weigh. The euro which traded against the greenback and other currency pairs have fell during late Asian session after a surprise ruling by German court have challenge...
by richmond | May 6, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing the resistance level at 99.85. However, MACD which illustrated diminishing bullish momentum suggest the index to be traded lower in short-term as technical correction. Resistance level:...
by richmond | May 6, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing the support level at 1.2420. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction. Resistance level: 1.2640, 1.2815...
