by willy | Jun 19, 2023 | Weekly Analysis
19 June 2023 Weekly Analysis GCMAsia Weekly Report: June 19 – 23 Market Review (Forex): June 12 – 16 US Dollar The Dollar Index, which is traded against a basket of six major currencies, lost its ground and hit 6...
by willy | Jun 19, 2023 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following the prior breakout above the previous resistance level at 101.85. MACD which illustrated increasing bullish momentum suggests the index to extend its gains toward the resistance level. Resistance level:...
by willy | Jun 19, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following the prior breakout below the previous support level at 1.2815. MACD which illustrated diminishing bullish momentum suggests the pair to extend its losses toward the support level. Resistance level: 1.2815, 1.2990...
by willy | Jun 19, 2023 | EUR/USD
EURUSD, H4: EURUSD was traded lower following the prior retracement from the higher level. MACD which illustrated diminishing bullish momentum suggests the pair to extend its losses toward the support level at 1.0915. Resistance level: 1.0990, 1.1075 Support...
by willy | Jun 19, 2023 | USD/JPY
USDJPY, H4: USDJPY was traded higher following the prior rebound from the support level at 141.40. However, MACD which illustrated diminishing bullish momentum suggests the pair undergoes a technical correction in the short term. Resistance level: 142.90,...
