by willy | May 17, 2023 | GOLD
GOLD_, H4: Gold price was traded higher following a prior rebound from the support level at 1985.50. However, MACD which illustrated bearish momentum the commodity undergoes a technical correction in the short term. Resistance level: 2009.10, 2030.10 Support...
by willy | May 17, 2023 | Daily Analysis
17 May 2023 Afternoon Session Analysis The Pound extended losses after weakening economic conditions. The Pound Sterling, which was traded against the greenback, extended its losses after the weak economic conditions looms over the...
by willy | May 17, 2023 | AUD/USD
AUDUSD, Daily: AUDUSD was traded lower while currently retesting the support level at 0.6675. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level:...
by willy | May 17, 2023 | USD/JPY
USDJPY, Daily: USDJPY was traded higher while currently testing the resistance level at 136.30. MACD which illustrated bullish bias momentum suggest the pair to extend its gains after it successfully breakout above the resistance level. Resistance level:...
by willy | May 17, 2023 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded higher following the prior rebound from the support level at 100.65. MACD which illustrated bullish bias momentum suggests the index to extend its gains toward the resistance level at 103.15. Resistance level: 103.15,...
