by skylow | Nov 6, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded higher following prior breakout above the previous resistance level 1.1760. However, MACD which display diminishing bullish momentum signal suggest the pair to experience a short term technical correction towards the support level 1.1760....
by skylow | Nov 6, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher while currently testing near the resistance level 1.3170. MACD which illustrate bullish bias signal suggest the pair to extend its gains after it breaks above the resistance level. Resistance level: 1.3170, 1.3285 Support...
by skylow | Nov 6, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower while currently testing the support level 92.45. MACD which illustrate persistent bearish momentum signal suggest the dollar to extend its losses towards the support level 92.45. Resistance level: 93.00, 93.80...
by skylow | Nov 6, 2020 | Daily Analysis
06 November 2020 Morning Session Analysis Dollar extend losses following prospect of Biden’s victory. The dollar index which traded against a basket of six major currency pairs have fell to the lowest level since 2018 as the U.S is...
by skylow | Nov 5, 2020 | GOLD
GOLD_, H4: Gold price remain traded in sideway channel. However, MACD which illustrate diminishing bullish momentum signal suggest the commodity to be traded lower in short term towards the support level 1879.05. Resistance level: 1919.00, 1970.55 Support...