by skylow | Apr 9, 2019 | Weekly Analysis
8 April 2019 Weekly Analysis GCMAsia Weekly Report: April 8 – 12 Market Review (Forex): April 1 – April 5 US Dollar Dollar index extended its gains throughout last week while closing Friday’s market higher at 96.95. The appeal...
by skylow | Apr 8, 2019 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance of 97.00. MACD which illustrate diminishing upward momentum suggests the index to be traded lower in short-term as technical correction. Resistance level: 97.00,...
by skylow | Apr 8, 2019 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the lower level of the channel. MACD which illustrate diminished downward momentum suggests the pair to be traded in short-term as technical correction. Resistance level: 1.3100, 1.3155 Support...
by skylow | Apr 8, 2019 | EUR/USD
EURUSD, H4: EURUSD was traded lower following prior retrace from the resistance of 1.1245. MACD which begins to form a death cross signal suggests the pair to be traded in a downtrend for mid-term, towards the level of 1.1185. Resistance level: 1.1245, 1.1300...
by skylow | Apr 8, 2019 | USD/JPY
USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance at 111.75. MACD which begins to form a bearish signal suggests the pair to be traded lower in short-term as technical correction. Resistance level: 111.75, 112.20 Support level:...