by skylow | Nov 5, 2020 | USD/JPY
USDJPY, H4: USDJPY remain traded in a sideway channel while testing near the support level 104.25. However, MACD which illustrate bearish momentum signal suggest the pair to be traded lower after it breaks below the support level. Resistance level: 105.10,...
by skylow | Nov 5, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded higher while currently testing near the resistance level 1.1765. MACD which illustrate ongoing bullish momentum signal suggest the pair to extend its gains after it breaks above the resistance level. Resistance level: 1.1765,...
by skylow | Nov 5, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retracement from its high level. MACD which illustrate bearish bias signal with the starting formation of death cross suggest the pair to extend its losses towards the support level 1.2870. Resistance level:...
by skylow | Nov 5, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following recent retracement from the resistance level 93.80. MACD which illustrate bearish momentum signal suggest the dollar to extend its losses towards the support level 93.00. Resistance level: 93.80, 94.65...
by skylow | Nov 5, 2020 | Daily Analysis
05 November 2020 Morning Session Analysis Dollar fell as Biden close to victory. During early Asian session, the dollar index which traded against a basket of six major currency pairs have fell from its high following signs of former...