by skylow | Sep 3, 2020 | USD/JPY
USDJPY, H4: USDJPY was traded higher while currently testing the resistance level 106.25. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to be traded lower as a technical correction towards the support level 105.20. ...
by skylow | Sep 3, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded lower following recent breakout below the previous support level 1.1875. However, MACD which illustrate diminishing bearish momentum suggested the pair to experience a short term technical correction towards the current resistance level...
by skylow | Sep 3, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior rebound from its low level. MACD which display diminishing bearish momentum suggest the pair to extend its rebound in short term towards the resistance level 1.3420. Resistance level: 1.3420, 1.3570 Support...
by skylow | Sep 3, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index remain traded in a sideway channel. However, MACD which illustrate diminishing bullish momentum suggest the dollar to be traded lower in short term towards the support level 92.05. Resistance level: 94.00, 95.70 Support level:...
by skylow | Sep 3, 2020 | Daily Analysis
03 September 2020 Morning Session Analysis Dollar rebound slowed amid disappointing jobs data. The dollar index which traded against a basket of six major currency pairs was slowed down and retreat following downbeat employment data....