by skylow | May 31, 2021 | EUR/USD
EURUSD, H4: EURUSD was traded higher following prior rebound from the support level at 1.2170. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward resistance level at 1.2255. Resistance level: 1.2255, 1.2340 Support...
by skylow | May 31, 2021 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher while currently testing the resistance level at 1.4200. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
by skylow | May 31, 2021 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance level at 90.25. MACD which illustrated diminishing bullish momentum suggest the index to extend its losses toward support level at 89.50. Resistance level: 90.25,...
by skylow | May 31, 2021 | Daily Analysis
31 May 2021 Afternoon Session Analysis Aussie rose on mixed China PMI data. The Australian dollar which traded against the dollar and other currency pairs have rose following the release of China’s official activity numbers. According to...
by skylow | May 31, 2021 | Weekly Analysis
31 May 2021 Weekly Analysis GCMAsia Weekly Report: May 31 – June 7 Market Review (Forex): May 24 – 28 US Dollar The dollar index which traded against a basket of six major currency pairs hovered near two-year lows on last week...
