by willy | Jun 22, 2023 | Daily Analysis
22 June 2023 Morning Session Analysis Greenback slumped despite Powell hawkish statement. The dollar index, which was traded against a basket of six major currencies, reverted back to its downward trend as Powell testimony failed to...
by willy | Jun 21, 2023 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following the prior rebound from lower level. MACD which illustrated bullish momentum suggests the index extended its gains toward the resistance level at 102.35. Resistance level: 102.35, 102.90 Support level:...
by willy | Jun 21, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following the prior retracement from the higher level. However, MACD which illustrated diminishing bearish momentum suggests the pair undergoes a technical correction in a short term. Resistance level: 1.2815, 1.2990 Support...
by willy | Jun 21, 2023 | EUR/USD
EURUSD, H4: EURUSD was traded lower following the prior breaks below from the previous support level at 1.0915. MACD which illustrated diminishing bearish momentum suggests the pair undergoes a technical correction in a short term. Resistance level: 1.0915,...
by willy | Jun 21, 2023 | USD/JPY
USDJPY, H4: USDJPY was traded higher following the prior rebound from the support level at 141.40. MACD which illustrated diminishing bearish momentum suggests the pair extended its gains toward the resistance level. Resistance level: 142.90, 144.10 Support...
