by richmond | May 4, 2020 | Daily Analysis
04 May 2020 Afternoon Session Analysis Aussie pressured amid U.S – China tension. The Australian dollar which traded against the greenback and its peer remain weak during late Asian session as tension between U.S and China continue to weigh on...
by richmond | May 4, 2020 | Weekly Analysis
4 May 2020 Weekly Analysis GCMAsia Weekly Report: May 4 – 9 Market Review (Forex): April 27 – May 2 US Dollar The dollar index which traded against a basket of six major currency pairs slumped last week amid accelerating of risk appetite in FX...
by richmond | Apr 30, 2020 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded lower while currently near the support level at 99.45. However, MACD which illustrated diminishing bearish momentum suggest the index to be traded higher in short-term as technical correction. Resistance level: 99.90,...
by richmond | Apr 30, 2020 | GBP/USD
GBPUSD, Daily: GBPUSD was traded higher while currently testing the resistance level at 1.2515. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction. Resistance level: 1.2515,...
by richmond | Apr 30, 2020 | EUR/USD
EURUSD, H1: EURUSD was traded lower following prior retracement from the resistance level at 1.0875. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward support level at 1.0810. Resistance level: 1.0875, 1.0925...
