by skylow | Nov 14, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing the sideway channel top level at 57.50. MACD which illustrated bullish momentum and the formation of golden cross suggest the commodity to extend its gains after it successfully breakout above the...
by skylow | Nov 14, 2019 | GOLD
GOLD_ H1: Gold price was traded higher following prior rebound from the 20 moving average line (Red). Due to lack of signal from MACD, it is suggested to wait for further confirmation before entering the gold market. Resistance level: 1471.65, 1480.95 Support...
by skylow | Nov 14, 2019 | Daily Analysis
14 November 2019 Morning Session Analysis Monetary policy unchanged while eyeing on more data. Dollar index which gauge its value against a basket of six major currencies depreciate slightly amid Jerome Powell downbeat comment...
by skylow | Nov 13, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing near the resistance level 98.25. MACD which illustrate diminishing bearish momentum suggest the dollar to extend its gains after it breaks above the resistance level. Resistance level:...
by skylow | Nov 13, 2019 | GBP/USD
GBPUSD, H4: GBPUSD remain traded in a sideway channel while traded flat near the support level 1.2795. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower in short term towards the support level 1.2795. Resistance...