by willy | May 18, 2023 | Daily Analysis
18 May 2023 Morning Session Analysis Greenback buoyed by debt ceiling optimism. The dollar index, which was traded against a basket of six major currencies, hovered near the highest level in seven weeks as the recent progress in the debt...
by willy | May 17, 2023 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following the prior rebound from the lower level. MACD which illustrated diminishing bearish momentum suggests the index extended its gains toward the resistance level at 103.00. Resistance level: 103.00, 103.75...
by willy | May 17, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following the prior retracement from the higher level. MACD which illustrated diminishing bearish momentum suggests the pair extended its losses toward the support level at 1.2445. Resistance level: 1.2590, 1.2735 Support...
by willy | May 17, 2023 | EUR/USD
EURUSD, H4: EURUSD was traded lower following the prior retracement from the higher level. MACD which illustrated diminishing bullish momentum suggests the pair extended its losses toward the support level. Resistance level: 1.0930, 1.1070 Support level:...
by willy | May 17, 2023 | USD/JPY
USDJPY, H4: USDJPY was traded higher following the prior breaks above the previous resistance level at 136.30. However, MACD which illustrated diminishing bullish momentum suggests the pair undergo technical correction in the short term. Resistance level:...
