by willy | May 30, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower while currently testing the support level at 1.2300. MACD which illustrated bearish bias momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level:...
by willy | May 30, 2023 | GOLD
GOLD_, Daily: Gold price was traded lower following the prior breakout below the previous support level at 1951.60. MACD which illustrated bearish bias momentum suggests the commodity to extend its losses toward the upward trend line. Resistance level: 1951.60,...
by willy | May 30, 2023 | Daily Analysis
30 May 2023 Morning Session Analysis US dollar muted amid Memorial Day. The dollar index, which was traded against a basket of six major currencies, lingered near the highest level in 10 weeks amid subdued trading activities on Memorial...
by willy | May 29, 2023 | USD/JPY
USDJPY, H4: USDJPY was traded lower following the prior retracement from the higher level. MACD which illustrated diminishing bullish momentum suggests the pair extended its losses toward the support level at 139.80. Resistance level: 141.60, 143.80 Support...
by willy | May 29, 2023 | GOLD
GOLD_, H4: Gold price was traded lower following the prior retracement from the higher level. However, MACD which illustrated diminishing bearish momentum suggests the commodity undergoes a technical correction in a short term. Resistance level: 1954.90,...