by willy | Jun 6, 2023 | EUR/USD
EURUSD, Daily: EURUSD was traded higher following the prior rebound from the support level at 1.0665. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward the resistance level at 1.0770. Resistance level: 1.0770,...
by willy | Jun 6, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower while currently testing support level at 1.2405. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses after it successfully breakout below the support level at 1.2405. Resistance...
by willy | Jun 6, 2023 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded lower following the prior retracement from the higher level. MACD which illustrated diminishing bullish momentum suggests the index to extend its losses toward the support level at 103.00. Resistance level: 105.00,...
by willy | Jun 6, 2023 | NZD/USD
NZDUSD, Daily: NZDUSD was traded lower while currently testing the support level at 0.6040. However, MACD which illustrated diminishing bearish momentum suggest the pair to undergo technical correction in short term. Resistance level: 0.6150, 0.6290 Support...
by willy | Jun 6, 2023 | Daily Analysis
06 June 2023 Morning Session Analysis US dollar dipped amid weaker-than-expected Services PMI. The dollar index, which was traded against a basket of six major currencies, failed to ride on the bullish trend further as the downbeat...