by willy | May 25, 2023 | Strategy
DOLLAR_INDX, Daily: Dollar index was traded higher following the prior breakout above the previous resistance level at 103.00. MACD which illustrated bullish bias momentum suggests the index to extend its gains toward the resistance level at 105.00. Resistance...
by willy | May 25, 2023 | USD/JPY
USDJPY, Daily: USDJPY was traded higher while currently testing the resistance level at 138.95. MACD which illustrated bullish bias momentum suggest the pair to extend its gains after it successfully breakout above the resistance level at 138.95. Resistance...
by willy | May 25, 2023 | USD/CHF
USDCHF, Daily: USDCHF was traded higher following the prior breakout above the previous resistance level at 0.9000. MACD which illustrated bullish bias momentum suggest the pair to extend its gains toward the resistance level at 0.9075. Resistance level:...
by willy | May 25, 2023 | GOLD
GOLD_, Daily: Gold price was traded lower following the prior retracement from the resistance level at 1980.00. MACD which illustrated bearish bias momentum suggests the commodity to extend its losses toward the support level at 1951.60. Resistance level:...
by willy | May 25, 2023 | Daily Analysis
25 May 2023 Morning Session Analysis US Dollar surged as the possibility of further rate hikes increased. The dollar index, which was traded against a basket of six major currencies, extended its rally during the previous trading session...