by skylow | Jan 23, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above previous resistance level 52.70. MACD which display diminishing bearish momentum suggest the commodity to extend its gains towards the resistance level 53.90. Resistance level: 53.90, 55.00...
by skylow | Jan 23, 2019 | GOLD
GOLD_, H4: Gold price was traded higher following prior rebound from the support level 1280.00 and the upward trend line. MACD which illustrate bullish momentum and the formation of golden cross suggest gold to extend its rebound towards the resistance level 1288.00....
by skylow | Jan 23, 2019 | Daily Analysis
23 January 2019 Morning Session Analysis Dollar slips following weak housing data. Dollar index fell against its basket of six major rival pairs after the weak release of U.S Existing Home Sales data yesterday. According to the National...
by skylow | Jan 22, 2019 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded higher following prior rebound from the upward trendline. MACD which illustrate diminished downward momentum suggests the index to advance further upwards after closing above 96.10. Resistance level: 96.10, 96.50 Support level:...
by skylow | Jan 22, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retrace from the resistance of 1.2910. MACD which continues to illustrate bearish signal suggests the pair to be traded lower in short-term as technical correction. Resistance level: 1.2910, 1.2960 Support level:...