by skylow | Apr 24, 2019 | Daily Analysis
24 April 2019 Morning Session Analysis Greenback rides as New Home Sales surged. US dollar propelled further on yesterday following optimistic economic data which suggests a resilient housing market ahead. The dollar index was...
by skylow | Apr 23, 2019 | Dollar_indx
DOLLAR_INDX, H1: Dollar index was traded higher following prior rebound from the lower levels. MACD which illustrate diminishing downward momentum suggests the index to be traded higher, towards the direction of 97.00. Resistance level: 97.00, 97.10 Support...
by skylow | Apr 23, 2019 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower following prior closure below 1.3000. MACD which illustrate bearish signal suggests the pair to extend it losses in the mid-term, towards the direction of 1.2900. Resistance level: 1.3000, 1.3120 Support level: 1.2900,...
by skylow | Apr 23, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior retracement from its higher level. MACD which illustrate diminished upward momentum suggests the pair to be traded lower in short-term as technical correction. Resistance level: 1.1285, 1.1315 Support level:...
by skylow | Apr 23, 2019 | USD/JPY
USDJPY, H4: USDJPY remains traded within the sideways channel of 111.75 and 112.20. Due to the lack of signal from MACD and price action, it is suggested to wait for a breakout before entering the market. Resistance level: 112.20, 112.80 Support level: 111.75,...