by skylow | Feb 27, 2019 | Daily Analysis
27 February 2019 Morning Session Analysis Dollar cripples as Powell unleash doves. US dollar tumbles further on yesterday over the backdrop of dovish statement given by Federal Reserve Chair Jerome Powell. During Asian...
by skylow | Feb 26, 2019 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded lower following prior close below 96.25. MACD which illustrate diminished upward momentum suggests the index to be traded lower in short-term, towards the lower level of the descending channel. Resistance level: 96.25,...
by skylow | Feb 26, 2019 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher while currently testing at the resistance of 1.3125. MACD which illustrate bullish signal suggests the pair to extend its gains after successfully closing above the target of 1.3125. Resistance level: 1.3125, 1.3160 Support...
by skylow | Feb 26, 2019 | EUR/USD
EURUSD, H1: EURUSD was traded higher following prior closure above the resistance at 1.1355. However, due to the lack of signal from MACD and price action, it is suggested to wait for a breakout before entering the market. Resistance level: 1.1375, 1.1400...
by skylow | Feb 26, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded higher following prior close above 111.00. However, MACD which illustrate diminished upward momentum suggests the pair to be traded lower in short-term as technical correction. Resistance level: 111.45, 112.20 Support level:...