by skylow | Dec 10, 2021 | Daily Analysis
10 December 2021 Afternoon Session Analysis Dollar rose following upbeat data, rising Omicron cases. The dollar index which traded against a basket of six major currency pairs have rose following recent positive jobs data from the U.S...
by skylow | Dec 9, 2021 | GOLD
GOLD_, H4: Gold price was traded flat while currently testing the support level 1781.35. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower after it breaks below the support level. Resistance level:...
by skylow | Dec 9, 2021 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 71.60. MACD which illustrate ongoing bullish momentum signal suggest the commodity to extend its gains towards the resistance level 75.25. Resistance level: 75.25,...
by skylow | Dec 9, 2021 | USD/CHF
USDCHF, H4: USDCHF remain traded in a sideway channel following recent retracement from the resistance level 0.9250. However, MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to extend its retracement in short term towards...
by skylow | Dec 9, 2021 | USD/CAD
USDCAD, H4: USDCAD was traded higher following recent rebound from the support level 1.2615. MACD which illustrate diminishing bearish momentum signal suggest the pair to extend its rebound towards the resistance level 1.2735. Resistance level: 1.2735, 1.2865...