by skylow | May 20, 2019 | GOLD
GOLD_, H4: Gold price extended its losses after closing below the support near 1285.80. MACD which continues to illustrate bearish signal suggests its price to be traded lower in short-term, towards the direction of 1275.30. Resistance level: 1285.80, 1295.65...
by skylow | May 20, 2019 | Daily Analysis
20 May 2019 Morning Session Analysis US Consumer Confidence at 15-years high. Greenback extended its gains on last Friday over the backdrop of bullish economic data from the region. According to University of Michigan, its Consumer...
by skylow | May 16, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from top-levels. MACD which display diminishing bullish momentum suggest index to extend its retracement towards the support level 97.00. Resistance level: 97.60, 98.25 Support level:...
by skylow | May 16, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior breakout below previous support level at 1.2865. However, MACD which display diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound towards the resistance level 1.2865....
by skylow | May 16, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded higher following prior rebound from the support level 1.1180. MACD which display diminishing bearish momentum suggest the pair to extend its rebound after successfully closing above the MA-line. Resistance level: 1.1240, 1.1305...