by skylow | Aug 26, 2019 | Weekly Analysis
26 August 2019 Weekly Analysis GCMAsia Weekly Report: August 26 – 30 Market Review (Forex): August 19 – 23 US Dollar Dollar index loss its ground last week while closing last Friday market session at 97.50 amid escalation of...
by skylow | Aug 23, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following prior rebound from the support level 98.00. MACD which illustrate bullish bias signal suggest index to extend its rebound towards the resistance level 98.40. Resistance level: 98.40, 98.65 Support level:...
by skylow | Aug 23, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing near the support level 1.2220. MACD which display diminishing bullish momentum suggest the pair to extend its losses after successfully breaking below the support level. Resistance level: 1.2300,...
by skylow | Aug 23, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior breakout below previous support level 1.1070. MACD which illustrate bearish momentum with the starting formation of death cross suggest the pair to extend its losses towards the support level 1.1030. ...
by skylow | Aug 23, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded higher while currently testing near the resistance level 106.70. However, due to lack of signal from the MACD, a breakout above or retracement from the resistance level is required to obtain further confirmation before entering the...