by skylow | Oct 18, 2019 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the resistance level at 54.05. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward support level at 53.55. Resistance level: 54.05,...
by skylow | Oct 18, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1496.55. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 1488.10. Resistance level:...
by skylow | Oct 18, 2019 | Daily Analysis
18 October 2019 Afternoon Session Analysis Antipodeans pair hold strong gains despite weak data from China. Australian dollar which traded against the dollar manage to hold its gains despite recent release of weak GDP data from...
by skylow | Oct 16, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance level at 98.35. However, due to lack of momentum and clear direction from MACD, it is suggested to wait until further signal appear before entering the market. ...
by skylow | Oct 16, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher while currently testing near the resistance level 1.2785. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a technical correction in short term towards the support level 1.2685. ...