by skylow | Jul 29, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded flat within sideway channel. Due to lack of signal from the MACD, it is suggests to wait for further confirmation such as breakout below or rebound signal appeared before entering the market. Resistance level: 57.15,...
by skylow | Jul 29, 2019 | GOLD
GOLD_, H4: Gold price was traded higher while currently testing the 20 moving average (Red) and 50 moving average line (Blue). MACD which illustrate diminishing bearish momentum and golden cross signal suggest the commodity to extend its gains after successfully...
by skylow | Jul 29, 2019 | Daily Analysis
29 July 2019 Afternoon Session Analysis Sterling slumps over hard Brexit fears. Pound sterling remains traded in a downward trend due to ongoing Brexit risks and bleak economic development in the United Kingdom. Recent economic...
by skylow | Jul 26, 2019 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded higher while currently testing the resistance of 97.50. MACD which illustrate bullish signal suggests the index to be traded higher after closing above 97.50. Resistance level: 97.50, 97.90 Support level: 97.25,...
by skylow | Jul 26, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing near the support of 1.2450. MACD which has formed a bearish signal suggests the pair to extend its losses after closing below 1.2450. Resistance level: 1.2500, 1.2535 Support level: 1.2450,...