by willy | May 28, 2023 | Weekly Analysis
29 May 2023 Weekly Analysis GCMAsia Weekly Report: May 29 – June 2 Market Review (Forex): May 22 – 26 US Dollar The Dollar Index which traded against a basket of six major currencies managed to regain its luster over the past one week...
by willy | May 26, 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 26, 2023 | EUR/USD
EURUSD, Daily: EURUSD was traded lower following the prior breakout below the previous support level at 1.0770. MACD which illustrated bearish bias momentum suggest the pair to extend its losses toward the support level at 1.0665. Resistance level: 1.0770,...
by willy | May 26, 2023 | USD/CHF
USDCHF, Daily: USDCHF was traded higher while currently testing the resistance level at 0.9075. MACD which illustrated bullish bias momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
by willy | May 26, 2023 | AUD/USD
AUDUSD, Daily: AUDUSD was traded lower following the prior breakout below the previous support level at 0.6565. MACD which illustrated bearish bias momentum suggest the pair to extend its losses toward the support level at 0.6425. Resistance level: 0.6565,...