by skylow | Jul 16, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level 1.1420. MACD which illustrate diminishing bullish momentum with the starting formation of death cross suggest the pair to extend its retracement towards the support level 1.1320....
by skylow | Jul 16, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.2660. MACD which illustrate bearish bias signal with the starting formation of death cross suggest the pair to extend its retracement towards the support level 1.2510 ...
by skylow | Jul 16, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower while currently testing near the support level 95.85. However, MACD which illustrate diminishing bearish momentum with the starting formation of golden cross suggest the dollar to experience a technical correction towards...
by skylow | Jul 16, 2020 | Daily Analysis
16 July 2020 Afternoon Session Analysis Japanese Yen slumped over the risk-off sentiment. Safe-haven Japanese Yen slumped on yesterday amid accelerating risk appetite over the vaccine hopes on yesterday, which stoked a shift in sentiment...
by skylow | Jul 13, 2020 | Weekly Analysis
13 July 2020 Weekly Analysis GCMAsia Weekly Report: July 13 – 17 Market Review (Forex): July 6 – 10 US Dollar The dollar which traded against a basket of six major currency pairs remains in red for the 3rd consecutive week while ending last week...