by skylow | Aug 16, 2021 | Weekly Analysis
16 August 2021 Weekly Analysis GCMAsia Weekly Report: August 16 – 20 Market Review (Forex): August 9 – 13 US Dollar The dollar index which traded against a basket of six major currency pairs was slumped last week amid...
by skylow | Aug 16, 2021 | GOLD
GOLD, H4: Gold price was traded higher following recent breakout above the previous resistance level 1760.35. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to experience a technical correction in short term back towards the...
by skylow | Aug 16, 2021 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level 68.35. MACD which illustrate bearish bias signal with the formation of death cross suggest the commodity to extend its losses towards the support level 65.65....
by skylow | Aug 16, 2021 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing near the support level 0.9135. MACD which illustrate bearish momentum signal suggest the pair to extend its losses after it breaks below the support level. Resistance level: 0.9200, 0.9245 Support...
by skylow | Aug 16, 2021 | USD/CAD
USDCAD, H4: USDCAD was traded higher while currently testing the resistance level 1.2535. MACD which illustrate bullish momentum signal with the formation of golden cross suggest the pair to extend its gains after it breaks above the resistance level. ...