by skylow | Jul 17, 2019 | Daily Analysis
17 July 2019 Afternoon Session Analysis Euro slumps as economic sentiment deteriorates. Euro received tremendous bearish pressure on yesterday following bleak economic data from the region. As of writing, pair of EUR/USD recovered...
by skylow | Jul 16, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing both 20 moving average line (Red) and 50 moving average line (Blue). MACD which illustrate diminishing bearish momentum signal suggest the dollar to extend its gains after successfully breakout...
by skylow | Jul 16, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing the support level at 1.2500. MACD which display bearish momentum suggest the pair to extend its losses after successfully breakout below the support level at 1.2500. Resistance level: 1.2575, 1.2610...
by skylow | Jul 16, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior retracement from the channel top level. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the channel bottom level at 1.1245. Resistance...
by skylow | Jul 16, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded higher following prior rebound from the support level at 107.75. MACD which illustrate diminishing bearish momentum signal suggest the pair to extend its gains toward the resistance level at 108.20. Resistance level: 108.20, 108.70...