by skylow | Aug 28, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing the downward the trend line. MACD which display bullish bias momentum suggest the commodity to extend its gains after successfully breakout above the downward trend line. Resistance level:...
by skylow | Aug 28, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1548.05. MACD which display diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 1526.90. Resistance level: 1548.05,...
by skylow | Aug 28, 2019 | Daily Analysis
28 August 2019 Afternoon Session Analysis Sentiment remains fragile over ongoing trade war. Australian dollar falters after recent construction data came in lower than expected, sparking higher concern over slower economic growth in the...
by skylow | Aug 28, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing the 50 moving average line (Blue). MACD which illustrate bullish momentum and the formation of golden cross suggest index to extend its gains after successfully breakout above the 50 moving...
by skylow | Aug 28, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.2255. MACD which display bullish momentum suggest the pair to extend its gains toward the resistance level at 1.2345. Resistance level: 1.2345, 1.2400 Support...