by skylow | May 9, 2019 | Crudeoil
CrudeOIL, H4: Crude oil was traded lower following prior retracement from the 50 moving average line (Blue). MACD which illustrate diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 60.50. Resistance level:...
by skylow | May 9, 2019 | GOLD
GOLD_, H4: Gold was traded lower while currently testing 50 moving average (Blue). MACD which illustrate bearish momentum and the formation of death cross suggest the commodity to extend its losses after successfully breakout below the 50 moving average (Blue). ...
by skylow | May 9, 2019 | Daily Analysis
9 May 2019 Afternoon Session Analysis Safe-haven in bid as trade talk in focus. Japanese yen extended its gains against the greenback following higher risk aversion in the market while market participants ponder upon the two-day...
by skylow | May 8, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance level at 97.40. MACD which illustrate bearish momentum and the formation of death cross suggest the index to extend its losses toward the support level at 97.05. ...
by skylow | May 8, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level at 1.3045. MACD which illustrate diminishing bearish momentum suggest the pair to extend its gains toward the resistance level at 1.3090. Resistance level: 1.3090, 1.3145...
