by skylow | Feb 28, 2020 | GOLD
GOLD_, H4: Gold price was traded flat near the support level 1639.25. However, MACD which illustrate diminishing bearish momentum suggest the commodity to be traded higher towards resistance level 1683.10. Resistance level: 1683.10, 1717.10 Support level:...
by skylow | Feb 28, 2020 | Daily Analysis
28 February 2020 Morning Session Analysis Dollar fell amid expectation of rate cut increase. The dollar index which traded against a basket of six major currency pairs have plunged during early Asian session as market expectation of...
by skylow | Feb 27, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following prior rebound from the support level 98.90. MACD which illustrate diminishing bearish momentum signal suggest the dollar to extend its rebound towards the resistance level 99.40. Resistance level: 99.40,...
by skylow | Feb 27, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing near the support level 1.2865. MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to extend its losses after it breaks below the support level 1.2865. ...
by skylow | Feb 27, 2020 | EUR/USD
EURUSD, H4: EURUSD was traded higher while currently testing the resistance level 1.0885. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a technical correction towards the support level 1.0785. Resistance level:...