by willy | May 23, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following the prior rebound from the upward trend line. MACD which illustrated diminishing bearish momentum suggests the commodity extended its gains toward the resistance level at 73.20. Resistance level: 73.20,...
by willy | May 23, 2023 | GOLD
GOLD_, H4: Gold price was traded lower following the prior retracement from the higher level. MACD which illustrated diminishing bullish momentum suggests the commodity extended its losses toward the support level at 1954.90. Resistance level: 1985.50, 2009.10...
by willy | May 23, 2023 | Daily Analysis
23 May 2023 Afternoon Session Analysis The Japanese Yen strengthened after upbeat PMI data. The Japanese Yen traded against the greenback was strengthened after upbeat PMI data. Following a strong Q1 GDP reading recently, May recent data...
by willy | May 23, 2023 | USD/CHF
USDCHF, Daily: USDCHF was traded lower following the prior breakout below the previous support level at 0.9000. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses toward the support level. Resistance level: 0.9000, 0.9075...
by willy | May 23, 2023 | USD/CAD
USDCAD, Daily: USDCAD was traded higher while currently testing the resistance level at 1.3485. MACD which illustrated bullish bias momentum suggests the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
