by skylow | Jan 18, 2019 | Crudeoil
CrudeOIL, H1: Crude oil price remains traded within a sideways channel following prior rebound from its lower level. MACD which illustrate bullish signal suggests its prices to extend its gains after successfully closing above the level of 52.75. Resistance level:...
by skylow | Jan 18, 2019 | GOLD
GOLD_, H1: Gold price remains traded within a sideways channel following prior retrace from the top level. 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: 1297.00, 1303.00...
by skylow | Jan 18, 2019 | Daily Analysis
18 January 2019 Morning Session Analysis Sterling reigns, dollar dethroned. Greenback was little changed on Thursday as most of its upbeat economic data was offset by a strong rise in pound sterling. In the US, Philadelphia Fed reported...
by skylow | Jan 17, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower in the sideway channel following prior retracement from the channel’s top level. Due to lack of signal from MACD, a retracement from or breakout above the resistance level is required to attain further confirmation before...
by skylow | Jan 17, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing near the resistance level at 95.75. MACD which illustrate bullish bias momentum suggest the index to extend its gains after successfully breakout the resistance level at 95.75. Resistance level:...