by skylow | Dec 12, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level at 58.60. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 59.70. Resistance...
by skylow | Dec 12, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the higher level. However, MACD which illustrate bullish bias momentum suggest the commodity to extend undergo technical correction toward the resistance level at 1480.95. Resistance level:...
by skylow | Dec 12, 2019 | Daily Analysis
12 December 2019 Morning Session Analysis Cash rate unchanged while uncertainty remained. Dollar index which gauge its value against a basket of six major currencies dived to the one month low level after Federal Reserve (Fed) decided...
by skylow | Dec 11, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing the 20 MA line (red) MACD which illustrated diminishing bearish momentum and the formation of golden cross suggest the index to extend its gains after it successfully breakout above the moving...
by skylow | Dec 11, 2019 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower following prior retracement from the resistance level at 1.3170. MACD which illustrated diminishing bullish momentum suggest the pair to extend its retracement toward the support level at 1.3035. Resistance level: 1.3170,...
