by skylow | Jul 16, 2019 | GOLD
GOLD_, H4: Gold price was traded flat near the 20 moving average line (Red). Due to lack of signal from MACD, a rebound from or breakout below 20 moving average line (Red) is required to attain further confirmation before entering the market. Resistance level:...
by skylow | Jul 16, 2019 | Daily Analysis
16 July 2019 Afternoon Session Analysis Sterling pressured by Brexit risks. Pound sterling struggled near prior low level against the US dollar following persistent Brexit risks in the region. As of writing, pair of GBP/USD ticked...
by skylow | Jul 15, 2019 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded lower following prior breakout below the previous support level at 96.45. MACD which illustrate diminishing bullish momentum signal suggest the dollar to extend its losses toward the support level at 96.15. Resistance...
by skylow | Jul 15, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.2555. MACD which display bullish bias momentum suggest the pair to extend its gains toward the resistance level at 1.2610. Resistance level: 1.2610, 1.2655...
by skylow | Jul 15, 2019 | EUR/USD
EURUSD, H1: EURUSD was traded higher while currently testing near the resistance level at 1.1280. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to undergo technical correction in short term toward the support level at 1.1245....
