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040621 Afternoon Session Analysis

04 June 2021                       Afternoon Session Analysis   GBP/USD weakens on strengthening Dollar. The pair of GBP/USD slumped on yesterday amid the strengthening US Dollar. Nonetheless, the overall prospect economic for the United Kingdom remained...

020621 GOLD-Noon

GOLD_, H4: Gold price remain traded in a sideway channel following recent retracement from the resistance level 1911.05. MACD which illustrate bearish momentum signal suggest the commodity extend its retracement towards the support level 1886.35.   Resistance...

020621 CrudeOIL-Noon

CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level 66.45. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower as a technical correction back towards the level 66.45....

020621 USDCHF-Noon

USDCHF, H4: USDCHF remain traded in a sideway channel following recent rebound from the support level 0.8940. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to be traded higher in a short term towards the resistance level 0.9020....

020621 USDCAD-Noon

USDCAD, H4: USDCAD remain traded in a sideway channel following recent rebound from the support level 1.2030. However, MACD which illustrate diminishing bearish momentum signal with the formation of golden cross suggest the pair to be extend its rebound in short term...