by skylow | Aug 29, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement near the resistance level at 1548.05. MACD which display bearish momentum suggest the commodity to extend its retracement toward the support level at 1526.90. Resistance level: 1548.05, 1565.50...
by skylow | Aug 29, 2019 | Daily Analysis
29 August 2019 Morning Session Analysis Dollar ‘stunned’ ahead of GDP data. Dollar index which gauge its value against a basket of six major currencies hovered around 98.15 while investors keep an eye on today’s significant economic data...
by skylow | Aug 28, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing near the resistance level at 98.00. MACD which illustrate bullish momentum and the formation of golden cross suggest index to extend its gains after successfully breakout above the resistance...
by skylow | Aug 28, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the higher level. Due to lack of signal from MACD, it is suggested to wait for further signal before entering the market. Resistance level: 1.2345, 1.2400 Support level: 1.2255,...
by skylow | Aug 28, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior retracement from the resistance level at 1.1115. MACD which illustrate bearish bias momentum suggest the pair to extend its losses towards the support level at 1.1070. Resistance level: 1.1115, 1.1155 Support...