by skylow | Dec 17, 2018 | Daily Analysis
17 December 2018 Afternoon Session Analysis Dollar hovered ahead of Fed meeting. Dollar was traded flat around 96.85 after hitting 19 months high last Friday as investors are waiting for the Federal Reserve’s meeting which will be...
by skylow | Dec 17, 2018 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from previous high. MACD which illustrate the formation of death cross signal suggests the index to be traded lower in short-term towards 96.80. Resistance level: 97.00, 97.15 Support level:...
by skylow | Dec 17, 2018 | GBP/USD
GPBUSD, H4: GPBUSD was traded lower following prior retracement from the 20-MA line (red). MACD which begins to form a death cross signal suggests the pair to extend its losses, towards the direction of 1.2500. Resistance level: 1.2700, 1.2900 Support level: 1.2500,...
by skylow | Dec 17, 2018 | EUR/USD
EURUSD, H1: EURUSD was traded higher while currently testing near the resistance of 1.1310. MACD which illustrate the formation of bullish signal suggests the pair to extend its gains after closing above 1.1310. Resistance level: 1.1310, 1.1360 Support level: 1.1265,...
by skylow | Dec 17, 2018 | USD/JPY
USDJPY, H1: USDJPY was traded higher following prior rebound from the lower levels. MACD which begins to form a bullish signal suggests the pair to extend its gains, after closing above the 20-MA line (red). Resistance level: 113.70, 113.85 Support level: 113.30,...