by skylow | Dec 2, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded flat near the support level 109.40. However, MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to be traded lower after it breaks below the support level. Resistance level: 109.90,...
by skylow | Dec 2, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded higher following prior rebound from the support level 1.0990. MACD which illustrate bullish momentum suggest the pair to extend its rebound towards the resistance level 1.1080. Resistance level: 1.1080, 1.1170 Support level:...
by skylow | Dec 2, 2019 | GBP/USD
GBPUSD, H4: GBPUSD remain traded in a sideway channel following recent retracement from its high level. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower in short term towards the support level 1.2785. Resistance...
by skylow | Dec 2, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance level 98.20. MACD which illustrate bearish momentum signal suggest the dollar to extend its losses towards the support level 97.60 Resistance level: 98.20, 98.90...
by skylow | Dec 2, 2019 | Daily Analysis
2 December 2019 Morning Session Analysis Dollar fell amid receding trade optimism. Dollar index which measured against a basket of six major rival pairs have slipped after reports of stalling progress in trade development. According...