by skylow | Mar 4, 2019 | Weekly Analysis
04 March 2019 Weekly Analysis GCMAsia Weekly Report: March 04 – March 08 Market Review (Forex): February 25 – March 1 US Dollar US dollar extended its gains after hitting four weeks low near 95.65 while closing the market at 96.35 on last...
by skylow | Mar 4, 2019 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded lower following prior retracement from the upper level. MACD which illustrate diminished upward momentum suggests the index to be traded lower in short-term as technical correction. Resistance level: 96.65, 97.00 Support...
by skylow | Mar 4, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the upward trendline. MACD which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term. Resistance level: 1.3235, 1.3350 Support level: 1.3170,...
by skylow | Mar 4, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior retrace from the 20-MA line (red). MACD which illustrate bearish signal suggests the pair to extend its losses in short-term, towards the direction of 1.1360. Resistance level: 1.1400, 1.1440 Support level:...
by skylow | Mar 4, 2019 | USD/JPY
USDJPY, Daily: USDJPY was traded higher following prior rebound from the upward trendline. MACD which illustrate bullish signal suggests the pair to advance further up, towards the direction of 112.20. Resistance level: 112.20, 112.80 Support level: 111.45,...