by skylow | Dec 7, 2020 | Weekly Analysis
07 December 2020 Weekly Analysis GCMAsia Weekly Report: December 7 – 11 Market Review (Forex): November 30 – December 4 US Dollar The dollar index which traded against a basket of six major currency pairs continue to remain in red...
by skylow | Dec 7, 2020 | GOLD
GOLD_, H1: Gold price was traded higher following prior rebound from the support level at 1830.65. MACD which illustrate diminishing bearish momentum signal suggest the commodity to extend its gains toward the resistance level at 1844.50. Resistance level:...
by skylow | Dec 7, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower while currently testing the bottom level of upward channel. MACD which illustrate diminishing bearish momentum signal suggest the commodity to undergo technical rebound toward higher level. Resistance level: 46.65,...
by skylow | Dec 7, 2020 | USD/CHF
USDCHF, H4: USDCHF was traded higher following prior rebound from the support level at 0.8895. MACD which display bullish bias momentum signal suggest the pair to extend its gains toward the resistance level at 0.8945. Resistance level: 0.8945, 0.8985 Support...
by skylow | Dec 7, 2020 | USD/CAD
USDCAD, H4: USDCAD was traded lower following prior breakout below the previous support level at 1.2810. MACD which illustrate bearish bias momentum signal suggest the pair to extend its losses toward the support level at 1.2750. Resistance level: 1.2810,...