by skylow | Dec 17, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded lower following prior retracement from the resistance level at 0.9845. MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower toward the support level at 0.9810. Resistance level: 0.9845, 0.9885...
by skylow | Dec 17, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior rebound from the support level at 59.70. Due to lack of signal from MACD, it is suggested to wait for further confirmation before entering the market. Resistance level: 60.80, 63.05 Support level:...
by skylow | Dec 17, 2019 | GOLD
GOLD_, H4: Gold price was flat near the resistance level at 1477.65. MACD which illustrated diminishing bullish momentum suggest the commodity to be traded lower in short term toward the support level at 1471.65. Resistance level: 1477.65, 1484.70 Support...
by skylow | Dec 17, 2019 | Daily Analysis
17 December 2019 Afternoon Session Analysis AUD slumped after RBA meeting minutes. Australian dollar extended its losses following the release of central bank meeting minutes and bearish economic data from the region. As of writing,...
by skylow | Dec 16, 2019 | Weekly Analysis
16 December 2019 Weekly Analysis GCMAsia Weekly Report: December 16 – 21 Market Review (Forex): December 09 – 14 US Dollar The dollar index which measure its value against a basket of six major currency plunged throughout the entire last week...
