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301118 Afternoon Session Analysis

30 November 2018          Afternoon Session Analysis   Dollar traded flat ahead of Trump-Xi meet. Greenback held steady against a basket of six major currencies during Asian trading session as investors remained focused on a planned meeting between U.S. President...

271118 DOLLAR_INDX-Noon

DOLLAR_INDX, H1: Dollar Index was traded lower in the upward channel while currently testing near the support level at 96.85. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses after successfully breakout from...

271118 GBPUSD-Noon

GBPUSD, H4: GBPUSD was traded lower in sideway channel following prior retracement from the resistance level at 1.2885. Due to lack of clear signal from MACD, it is suggested to wait until further signal appear such as a breakout below or rebound from the support...

271118 EURUSD-Noon

EURUSD, H1: EURUSD was traded higher following prior rebound from the support level at 1.1330. MACD which illustrate diminishing bearish momentum and the formation of golden cross suggest the pair to extend its gain toward the resistance level at 1.1365. Resistance...

271118 USDJPY-Noon

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance level at 113.65. MACD which illustrate bearish momentum suggest the pair to extend its losses toward the support level at 113.05. Resistance level: 113.65, 114.20 Support level:...