by willy | May 26, 2023 | GOLD
GOLD_, Daily: Gold price was traded higher while currently testing the resistance level at 1951.60. MACD which illustrated diminishing bearish momentum suggests the commodity to extend its gains after it successfully breakout above the resistance level. ...
by willy | May 26, 2023 | Daily Analysis
26 May 2023 Afternoon Session Analysis Euro slumped as Germany entered recession. The Euro, which acts as the single currency of the European Union, teetered near the brink of collapse as the strongest economy in the EU entered the stage...
by willy | May 26, 2023 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded higher following the prior breakout above the previous resistance level at 103.75. MACD which illustrated bullish momentum suggests the index extended its gains toward the resistance level at 104.45. Resistance level:...
by willy | May 26, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower following the prior retracement from the higher level. MACD which illustrated increasing bearish momentum suggests the pair extended its losses toward the support level at 1.2300. Resistance level: 1.2445, 1.2590 Support...
by willy | May 26, 2023 | EUR/USD
EURUSD, Daily: EURUSD was traded lower following the prior breaks below the previous support level at 1.0790. However, MACD which illustrated diminishing bearish momentum suggests the pair undergoes a technical correction in a short term. Resistance level:...