by skylow | Aug 12, 2019 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the resistance level at 54.65. MACD which illustrate diminishing bullish momentum and the formation of death cross suggest the commodity to extend its losses toward the support level at...
by skylow | Aug 12, 2019 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level at 1507.10. MACD which illustrate bearish momentum suggest the commodity to extend its losses toward the support level at 1490.00 Resistance level: 1507.10, 1530.00...
by skylow | Aug 12, 2019 | Daily Analysis
12 August 2019 Morning Session Analysis PPI failed to provide support for dollar. Last Friday, dollar failed to extend its gains after US release of its Producer Price Index (PPI) data. According to the US Bureau of Labor Statistics, its...
by skylow | Aug 9, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from 20 moving average line (Red). MACD which illustrate diminishing bullish momentum suggest the dollar to extend its retracement toward the support level at 97.10. Resistance level:...
by skylow | Aug 9, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior breakout below the channel’s bottom level. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses toward the support level at 1.2090. Resistance level: 1.2155, 1.2220 Support...