by skylow | May 6, 2019 | Daily Analysis
6 May 2019 Morning Session Analysis Yen in bid after Trump’s ultimatum. Japanese yen received higher demand on Monday after US President Donald Trump threatened to increase additional tariffs upon China, sparking higher risk...
by skylow | May 3, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following prior rebound from the support of 96.85. MACD which illustrate bullish signal suggests the index to extend its gains, towards the direction of 97.65. Resistance level: 97.65, 98.60 Support level: 96.85,...
by skylow | May 3, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing near the 20-MA line (red). MACD which has formed a death cross signal suggests the pair to extend its losses after closing below the 20-MA line (red). Resistance level: 1.3050, 1.3120 Support level:...
by skylow | May 3, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior closure below 1.1200. MACD which illustrate bearish signal suggests the pair to advance further down, towards the direction of 1.1155. Resistance level: 1.1200, 1.1250 Support level: 1.1155,...
by skylow | May 3, 2019 | USD/JPY
USDJPY, H1: USDJPY was traded lower following prior retracement from the downward trendline. MACD which illustrate bearish signal suggests the pair to extend its losses, towards the direction of 111.35. Resistance level: 111.75, 112.00 Support level: 111.35,...