by skylow | Jan 6, 2020 | Crudeoil
CrudeOIL, H1: Crude oil price was traded higher following prior breakout above the resistance level at 64.40. MACD which illustrated bullish momentum suggest the commodity to extend its gains toward the resistance level at 65.45. Resistance level: 65.45, 66.45...
by skylow | Jan 6, 2020 | GOLD
GOLD_, H1: Gold price was traded higher following prior breakout above the previous resistance level at 1572.10. However, MACD which illustrated diminishing bullish momentum suggest the commodity to undergo technical correction toward the lower level. ...
by skylow | Jan 6, 2020 | Daily Analysis
06 January 2020 Morning Session Analysis Dollar slumped amid pessimistic economic data. Dollar index which gauge its value against a basket of six major currencies plummeted amid recent economic data showed that US manufacturing sector is still...
by skylow | Jan 3, 2020 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing near the resistance level 96.50. MACD which illustrate bullish momentum signal with the formation of golden cross suggest the dollar to extend its gains after it breaks above the resistance level....
by skylow | Jan 3, 2020 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing the support level 1.3095. MACD which illustrate bearish momentum signal suggest the pair to extend its losses after it breaks below the support level. Resistance level: 1.3225, 1.3320 Support level:...