by willy | Jun 23, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following the prior breaks below from the prior support level at 69.30. MACD which illustrated increasing bearish momentum suggests the commodity extended its losses toward the support level. Resistance level:...
by willy | Jun 23, 2023 | GOLD
GOLD_, H4: Gold price was traded higher following the prior rebound from the lower level. MACD which illustrated diminishing bearish momentum suggests the commodity extended its gains toward the resistance level. Resistance level: 1931.45, 1955.50 Support...
by willy | Jun 23, 2023 | Daily Analysis
23 June 2023 Afternoon Session Analysis Sterling extended losses despite BoE’s unexpected tightening moves. The Pound Sterling, which traded against the dollar index, extended its losses despite the Bank of England’s (BoE)’s...
by willy | Jun 23, 2023 | Strategy
DOLLAR_INDX, Daily: Dollar index was traded lower following the prior breakout below the previous support level at 103.00. MACD which illustrated bearish bias momentum suggests the index to extend its losses toward the support level at 100.65 Resistance level:...
by willy | Jun 23, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower while currently testing the support level at 1.2765. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance...