by skylow | Jul 8, 2019 | USD/CHF
USDCHF, H4: USDCHF was traded lower while currently testing at the support level near 0.9895. MACD which illustrate bearish signal suggests the pair to extend its losses after successfully breakout below the support level at 0.9895. Resistance level: 0.9925,...
by skylow | Jul 8, 2019 | Crudeoil
CrudeOIL, H1: Crude oil price was traded lower while currently testing 20 moving average line (Red). MACD which illustrate bearish signal suggests its price to extend its losses after successfully breakout below the 20 moving average line (Red). Resistance...
by skylow | Jul 8, 2019 | Daily Analysis
8 July 2019 Afternoon Session Analysis All eyes on Powell’s testimony. US dollar retraces slightly from its prior high levels while investors shift their focus towards this week’s testimonial delivered by Federal Reserve Chair...
by skylow | Jul 5, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded flat near the 20-MA line (red). MACD which illustrate bearish signal suggests the index to be traded lower after closing below the 20-MA line. Resistance level: 96.35, 97.05 Support level: 95.80,...
by skylow | Jul 5, 2019 | GBP/USD
GBPUSD, H1: GBPUSD was traded flat near the support level of 1.2570. Due to the lack of signal from MACD and price action, it is suggested to wait for further signal before entering the market. Resistance level: 1.2630, 1.2670 Support level: 1.2575,...