by skylow | Feb 12, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retrace from the 20-MA line (red). MACD which illustrate bearish signal suggests its prices to extend its losses, towards the direction of 1303.00. Resistance level: 1315.00, 1329.00 Support level: 1303.00,...
by skylow | Feb 12, 2019 | Daily Analysis
12 February 2019 Morning Session Analysis Sterling tumbles as economy crumbles. US dollar extended its gains to two-months high against other major peers amid broad selloff on the pound sterling. As of writing, the dollar...
by skylow | Feb 11, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing the resistance level at 96.40. MACD which illustrate diminishing bullish momentum and the formation of death cross suggest the commodity to undergo technical correction in short term toward the...
by skylow | Feb 11, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.2960. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses toward the support level at 1.2845. Resistance level: 1.2960, 1.3080 Support...
by skylow | Feb 11, 2019 | EUR/USD
EURUSD, Daily: EURUSD was traded lower following a breakout below the previous support level at 1.1365. MACD which illustrate persistent bearish momentum suggest the pair to extend its losses toward the support level at 1.1295. Resistance level: 1.1365, 1.1455 Support...