by skylow | May 16, 2019 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher after rebounding from the bottom level of the channel. MACD which illustrate bullish momentum suggest the commodity to extend its gains towards the resistance level 63.15. Resistance level: 63.15, 64.65 Support...
by skylow | May 16, 2019 | GOLD
GOLD_, H4: Gold price was traded lower while currently testing the support level 1295.65. MACD which illustrate bearish momentum and the formation of death cross suggest gold to extend its losses after successfully breaking below the support level. Resistance...
by skylow | May 16, 2019 | Daily Analysis
16 May 2019 Afternoon Session Analysis Tariff on EU goods postponed. Dollar index which gauge its value against a basket of six major currencies was traded lower following a news regarding Donald Trump’s plan to postpone tariff on...
by skylow | May 15, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following prior rebound from the support level at 97.00. MACD which illustrate bullish bias momentum suggest the index to extend its gains toward the resistance level at 97.40. Resistance level: 97.40, 97.60...
by skylow | May 15, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.2925. MACD which illustrate diminishing bearish momentum suggest the pair to be traded higher in short term toward the resistance level at 1.2925. Resistance...
