by willy | Aug 2, 2023 | GOLD
GOLD_, Daily: Gold price was traded lower while currently testing the support level at 1951.60. MACD which illustrated bearish bias momentum suggests the commodity to extend its losses after it successfully breakout below the support level. Resistance level:...
by willy | Aug 2, 2023 | Daily Analysis
2 August 2023 Morning Session Analysis US Dollar hangs tough despite disappointing economic data. The dollar index, which was traded against a basket of six major currencies, managed to hold its foot of gains, while lingering near the recent...
by willy | Aug 1, 2023 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded higher following the prior breakout above the previous resistance level at 101.55. MACD which illustrated increasing bullish momentum suggests the index to extend its gains toward the resistance level at 102.35. ...
by willy | Aug 1, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower while testing the support level at 1.2827. However, MACD which illustrated decreasing bearish momentum suggest the pair to undergo technical correction in short term. Resistance level: 1.2827, 1.3000 Support level: 1.2670,...
by willy | Aug 1, 2023 | EUR/USD
EURUSD, Daily: EURUSD was traded lower following the prior breakout below the previous support level at 1.1010. However, MACD which illustrated decreasing bearish momentum suggest the pair to undergo technical correction in short term. Resistance level: 1.1010,...