by skylow | Jul 24, 2020 | USD/JPY
USDJPY, H4: USDJPY remain traded in a sideway channel while currently testing near the support level 106.60. However, MACD which illustrate bearish momentum signal suggest the pair to be traded lower after it breaks below the support level. Resistance level:...
by skylow | Jul 24, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded higher while currently testing the resistance level 1.1610. However, MACD which display diminishing bullish momentum signal suggest the pair to experience a technical correction towards the support level 1.1505. Resistance level:...
by skylow | Jul 24, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded flat following recent rebound from its low levels. However, MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to be traded lower in short term towards the support level 1.2660. Resistance...
by skylow | Jul 24, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower while currently testing near the support level 94.35. However, MACD which illustrate diminishing bearish momentum suggest the dollar to experience a technical correction towards the resistance level 95.70. ...
by skylow | Jul 24, 2020 | Daily Analysis
24 July 2020 Morning Session Analysis Dollar plummets following doubts on economic recovery. During early Asian session, the dollar index which traded against a basket of six major currency pairs remains weak and reached 22-month lows...