by skylow | Sep 17, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the 50 moving average line (Blue). MACD which illustrate diminishing upward momentum suggest the commodity to extend its losses toward the support level at 1485.65. Resistance level:...
by skylow | Sep 17, 2019 | Daily Analysis
17 September 2019 Afternoon Session Analysis Japanese Yen surged due to risk aversion. Japanese Yen appreciated against the U.S. dollar as geopolitical tensions escalated in the Middle East after the drone attacked on two major...
by skylow | Sep 13, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance level at 98.40. MACD which illustrate bearish momentum and the formation of death cross suggest the index to extend its retracement toward the support level at 98.00. ...
by skylow | Sep 13, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the upward trendline. MACD which illustrate diminishing bearish momentum suggest the pair to extend its gains toward the resistance level at 1.2405. Resistance level: 1.2405, 1.2480 Support...
by skylow | Sep 13, 2019 | EUR/USD
EURUSD, Daily: EURUSD was traded higher following prior rebound from the support level at 1.0965. MACD which illustrate upward bias momentum suggests the pair to extend its gains toward the resistance level at 1.1150. Resistance level: 1.1150, 1.1300 Support...