by willy | Jun 27, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower following the prior breakout below the previous support level at 1.2765. MACD which illustrated bearish bias momentum suggest the pair to extend its losses toward the support level. Resistance level: 1.2765, 1.2875...
by willy | Jun 27, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded lower following the prior retracement from the resistance level at 70.15. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 66.50. Resistance...
by willy | Jun 27, 2023 | GOLD
GOLD_, Daily: Gold price was traded higher following the prior rebound from the lower level. MACD which illustrated diminishing bearish momentum suggests the commodity to extend its gains toward the resistance level at 1939.75. Resistance level: 1939.75,...
by willy | Jun 27, 2023 | Daily Analysis
27 June 2023 Morning Session Analysis US dollar flat ahead of a slew of economic data. The dollar index, which was traded against a basket of six major currencies, lingered near the similar level throughout the previous trading session...
by willy | Jun 26, 2023 | Weekly Analysis
26 June 2023 Weekly Analysis GCMAsia Weekly Report: June 26 – 30 Market Review (Forex): June 19 – 23 US Dollar The U.S. dollar index against a basket of six major currencies rebounded after hovering at six-week lows last week, as...