by willy | Aug 1, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following the prior after breakout above the previous resistance level at 79.70. MACD which illustrated increasing bullish momentum suggests the commodity to extend its gains toward the resistance level at 85.35....
by willy | Aug 1, 2023 | GOLD
GOLD_, Daily: Gold price was traded flat above the support level at 1940.20. MACD are lack of signal due to the momentum are weak, recommend wait for the signal appear only entry the market. Resistance level: 1971.45, 2003.60 Support level: 1940.20,...
by willy | Aug 1, 2023 | Daily Analysis
1 August 2023 Afternoon Session Analysis EUR dropped as CPI and GDP data released. Euro (EUR), which was widely traded by global investors, dropped after Euro released CPI and GDP data. According to Eurostat, the EU CPI has decreased from 5.5% to...
by willy | Aug 1, 2023 | GOLD
GOLD_, Daily: Gold price was traded higher following prior rebound from the support level at 1951.60. However, MACD which illustrated diminishing bullish momentum suggests the commodity to undergo technical correction in short term. Resistance level: 1980.00,...
by willy | Aug 1, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following the prior breakout above the previous resistance level at 80.75. MACD which illustrated bullish bias momentum suggest the commodity to extend its gains toward the resistance level at 83.05. Resistance...