by skylow | Jan 10, 2019 | Crudeoil
CrudeOIL, H1: Crude oil was traded higher following prior breakout above the previous resistance level at 49.75. MACD which illustrate bullish bias momentum suggest the pair to extend its gains toward the resistance level at 51.05. Resistance level: 51.05, 52.90...
by skylow | Jan 10, 2019 | GOLD
GOLD_H1: Gold was traded higher following prior breakout above the previous resistance level at 1282.65. However, MACD which illustrate diminishing bullish momentum suggest the commodity to undergo technical correction in short term toward the support level at...
by skylow | Jan 10, 2019 | Daily Analysis
10 January 2019 Morning Session Analysis Dollar ‘stunned’ amid dovish Fed Minutes. Dollar index which gauge against a basket of six major currencies tumbled to the lowest level in three months during early Asian trading session. Greenback received...
by skylow | Jan 9, 2019 | Dollar_indx
DOLLAR_INDX, H1: Dollar index remains traded within a narrowing triangle while currently testing at the bottom level. Due to the lack of signal from MACD and price action, it is suggested to wait for further signal before entering the market. Resistance level: 95.50,...
by skylow | Jan 9, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded flat while currently testing near the 20-MA line (red). MACD which begins to form a death cross signal suggests the pair to extend its losses after closing below the 20-MA line. Resistance level: 1.2770, 1.2830 Support level: 1.2700,...
