by willy | Jun 12, 2023 | Daily Analysis
12 June 2023 Afternoon Session Analysis US dollar at a standstill as US CPI looms. The dollar index, which was traded against a basket of six major currencies, hovered near the lowest level in two weeks as the investors remained cautious...
by willy | Jun 12, 2023 | Dollar_indx
DOLLAR_INDX, DAILY: Dollar index was traded lower following the prior retracement from the higher level at 103.35. MACD which illustrated diminishing bullish momentum suggests the index to extend its losses toward the support level at 102.90. Resistance level:...
by willy | Jun 12, 2023 | GBP/USD
GBPUSD, DAILY: GBPUSD was traded higher following the prior breaks above the previous resistance level at 1.2565. MACD which illustrated increasing bullish momentum suggests the pair to extend its gains toward the resistance level. Resistance level: 1.2615,...
by willy | Jun 12, 2023 | EUR/USD
EURUSD, DAILY: EURUSD was traded lower following the prior breaks below from the previous support level at 1.0760. However, MACD which illustrated increasing bullish momentum suggests the pair undergoes technical correction in the short term. Resistance level:...
by willy | Jun 12, 2023 | USD/JPY
USDJPY, DAILY: USDJPY was traded higher following the prior rebound from the lower level. However, MACD which illustrated increasing bearish momentum suggests the pair undergoes technical correction in the short term. Resistance level: 140.20, 141.40 Support...
