by skylow | Dec 18, 2019 | GOLD
GOLD_, H4: Gold price was traded higher following prior rebound from the 20 moving average line (Red). However, MACD which illustrated bearish momentum and the formation of death cross suggest the commodity to be traded lower toward the support level at 1471.65....
by skylow | Dec 18, 2019 | Daily Analysis
18 December 2019 Afternoon Session Analysis Dollar index surged amid to positive data from U.S region. Dollar index edged higher following the optimistic data from the United States regions were released. According to Census Bureau,...
by skylow | Dec 18, 2019 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded higher while currently testing the resistance level at 96.85. MACD which illustrated diminishing bearish momentum suggest the index to extend its gains after it successfully breakout above the resistance level at 96.85....
by skylow | Dec 18, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.3170. MACD which illustrated bearish momentum suggest the pair to extend its losses toward the support level at 1.3035. Resistance level: 1.3170, 1.3315 Support...
by skylow | Dec 18, 2019 | EUR/USD
EURUSD, Daily: EURUSD was traded lower following prior retracement from the resistance level at 1.1170. MACD which illustrated diminishing bullish momentum suggest the pair to extend its retracement toward the support level at 1.1075. Resistance level: 1.1170,...
