by skylow | Aug 21, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing the downward trend line. MACD which illustrate bullish bias momentum suggests the commodity to extend its gains after successfully breakout above the downward trend line. Resistance level:...
by skylow | Aug 21, 2019 | GOLD
GOLD_, H1: Gold price was traded lower following prior retracement from the resistance level at 1507.10. MACD which illustrate bearish momentum suggests its price to extend its losses toward the support level at 1490.00. Resistance level: 1507.10, 1526.60...
by skylow | Aug 21, 2019 | Daily Analysis
21 August 2019 Afternoon Session Analysis Slow FX market ahead of central banks meeting. Dollar index which measures its value against a basket of six major currency pairs rebounds by 0.04% to 98.05 while market awaits further signal...
by skylow | Aug 19, 2019 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded higher while currently testing the resistance level at 98.00. MACD which illustrate bullish momentum and the formation of golden cross suggest the index to extend its gains after successfully breakout above the resistance...
by skylow | Aug 19, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher while currently testing the resistance level at 1.2165. However, MACD which illustrate diminishing bullish momentum suggest the pair to undergo short term technical correction toward the support level at 1.2085. Resistance...