by skylow | Aug 13, 2019 | Daily Analysis
13 August 2019 Morning Session Analysis Forex market stumbled ahead series of economic data. Dollar index which gauge its value against a basket of six major currencies dipped while market are await for more economic data such as tonight...
by skylow | Aug 12, 2019 | Weekly Analysis
12 August 2019 Weekly Analysis GCMAsia Weekly Report: August 12 – August 16 Market Review (Forex): August 5 – 9 US Dollar Greenback was traded lower throughout the entire last week amid downbeat data from the market and escalation...
by skylow | Aug 12, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following prior rebound from the channel’s bottom level at 97.10. Due to lack of clear signal from MACD, it is suggested to wait until further signal appear before entering the market. Resistance level: 97.50,...
by skylow | Aug 12, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.2090. MACD which display bearish bias momentum suggest the pair to extend its losses toward the support level at 1.1990. Resistance level: 1.2090, 1.2155 Support...
by skylow | Aug 12, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded higher following prior rebound from the 20 moving average line (Red). MACD which illustrate diminishing bearish momentum suggest the pair to extend its gains toward the resistance level at 1.1240. Resistance level: 1.1240, 1.1280...