by skylow | Dec 21, 2018 | Daily Analysis
21 December 2018 Morning Session Analysis Is US heading towards a recession? Greenback slipped to 1-month low against other major currencies on Thursday following concerns that United States may be heading for a sharp economic...
by skylow | Dec 20, 2018 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded lower following prior retracement from resistance level at 96.50. MACD which illustrate diminishing bullish momentum suggests the index to extend its loss toward the support level at 96.30. Resistance level: 96.50, 96.65...
by skylow | Dec 20, 2018 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing the support level at 1.2620. MACD which begins to form a death cross signal suggests the pair to extend its losses after successfully breakout below the support level at 1.2620. Resistance level:...
by skylow | Dec 20, 2018 | EUR/USD
EURUSD, H1: EURUSD was traded higher following prior rebound from the support level at 1.1360. MACD which display diminishing bearish momentum suggests the pair to extend its gains toward the resistance level at 1.1395. Resistance level: 1.1395, 1.1445 Support level:...
by skylow | Dec 20, 2018 | USD/JPY
USDJPY, H1: USDJPY was traded lower following prior retracement from the top levels. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses toward the support level at 112.25. Resistance level: 112.65, 113.20 Support level: 112.25,...