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290623 USDCAD-Noon

USDCAD, H4: USDCAD was traded higher following the prior breaks above the previous resistance level at 1.3240. MACD which illustrated increasing bullish momentum suggests the pair extended its gains toward the resistance level.   Resistance level: 1.3335, 1.3455...

290623 CrudeOIL-Noon

CrudeOIL, H4: Crude oil price was traded lower following the prior retracement from the resistance level at 69.30. However, MACD which illustrated increasing bullish momentum suggests the commodity undergoes a technical correction in a short term.   Resistance...

290623 GOLD_-Noon

GOLD_, H4: Gold price was traded lower following the prior retracement from the resistance level at 1913.00. MACD which illustrated bearish momentum suggests the commodity extended its losses toward the support level at 1895.10   Resistance level: 1913.00,...

290623 Afternoon Session Analysis

29 June 2023                       Afternoon Session Analysis   The euro fell despite the European Central Bank’s hawkish stance against inflation. The euro fell against the dollar against the dollar despite hawkish comments from the European Central Bank...

290623 GOLD

GOLD_, Daily: Gold price was traded lower following the prior retracement from the resistance level at 1939.75.  MACD which illustrated bearish bias momentum suggests the commodity to extend its losses toward the support level at 1889.55.   Resistance level:...