by skylow | Jul 23, 2019 | Daily Analysis
23 July 2019 Morning Session Analysis Sterling droops as UK select the next Prime Minister. Pound sterling received substantial selloff on Monday as UK Conservative Party begins their voting in choosing their next Prime Minister...
by skylow | Jul 22, 2019 | Weekly Analysis
22 July 2019 Weekly Analysis GCMAsia Weekly Report: July 22 – 26 Market Review (Forex): July 15 – July 19 US Dollar Dollar index was traded higher throughout the entire last week while closing its market on last Friday at 96.75. Last...
by skylow | Jul 22, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following prior closure above 96.75. MACD which illustrate bullish signal suggests the index to be traded higher in short-term towards the top level of descending channel. Resistance level: 97.05, 97.50 Support...
by skylow | Jul 22, 2019 | GBP/USD
GBPUSD, H1: GBPUSD was traded higher while currently testing near the 20-MA line (red). MACD which illustrate diminishing bearish momentum suggests the pair to extend its gains after closing above the MA line. Resistance level: 1.2580, 1.2660 Support level:...
by skylow | Jul 22, 2019 | EUR/USD
EURUSD, H1: EURUSD was traded higher following prior rebound from the lower level of sideways channel. MACD which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term, towards the direction of 1.1245. Resistance level:...
