by willy | May 25, 2023 | USD/CHF
USDCHF, H4: USDCHF was traded higher following the prior rebound from the support level at 0.9005. MACD which illustrated bullish momentum suggests the pair extended its gains toward the resistance level at 0.9090. Resistance level: 0.9090, 0.9180 Support...
by willy | May 25, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following the prior rebound from the support level at 73.20. However, MACD which illustrated diminishing bullish momentum suggests the commodity undergoes a technical correction in the short term. Resistance...
by willy | May 25, 2023 | GOLD
GOLD_, H4: Gold price was traded lower following the prior retracement from the resistance level at 1985.50. MACD which illustrated diminishing bullish momentum suggests the commodity extended its losses toward the support level at 1954.90. Resistance level:...
by willy | May 25, 2023 | Daily Analysis
25 May 2023 Afternoon Session Analysis The Kiwi moved opposite after RBNZ hiked the 25bps rate. The New Zealand dollar traded against the greenback, and extended its losses after the Reserve Bank of New Zealand (RBNZ) hiked the official...
by willy | May 25, 2023 | NZD/USD
NZDUSD, Daily: NZDUSD was traded lower while currently testing the support level at 0.6150. MACD which illustrated bearish bias momentum suggest the pair to extend its losses after it successfully breakout below the support level at 0.6150. Resistance level:...
