by skylow | Jul 26, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price remains traded within a tight range of 57.25 and 55.70. MACD which begins to form a bearish signal suggests its price to be traded lower, towards the direction of 55.70. Resistance level: 56.40, 57.25 Support level: 55.70,...
by skylow | Jul 26, 2019 | GOLD
GOLD_, H4: Gold price was traded lower after breaking out from the bottom level of ascending wedge. MACD which illustrate bearish signal suggests its price to advance further down, towards the direction of 1402.00. Resistance level: 1421.40, 1432.00 Support...
by skylow | Jul 26, 2019 | Daily Analysis
26 July 2019 Morning Session Analysis Euro whiplashed post ECB meeting. Euro was traded with high volatility on yesterday post European Central Bank (ECB) interest rate decision which provided fairly dovish signals to the...
by skylow | Jul 25, 2019 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded flat while currently testing near the upward trendline. MACD which illustrate diminished bearish momentum suggests the index to extend its gains after a successful rebound from the trendline. Resistance level: 97.50,...
by skylow | Jul 25, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior retrace from 1.2500. MACD which illustrate diminished upward momentum suggests the pair to be traded lower in short-term after closing below the 20-MA line (red). Resistance level: 1.2500, 1.2535 Support...