by willy | May 16, 2023 | USD/CAD
USDCAD, Daily: USDCAD was traded lower while currently testing the support level at 1.3485. MACD which illustrated diminishing bearish momentum suggests the pair to extend its losses after it successfully breakout below the support level. Resistance level:...
by willy | May 16, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following the prior rebound from the support level at 70.15. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 73.90. Resistance level:...
by willy | May 16, 2023 | GOLD
GOLD_, Daily: Gold price was traded higher following the prior rebound from the lower level. MACD which illustrated bearish bias momentum suggests the commodity to extend its losses toward the support level at 2000.00. Resistance level: 2025.50, 2051.90 Support...
by willy | May 16, 2023 | Daily Analysis
16 May 2023 Morning Session Analysis US dollar tumbled as debt ceiling issue remained unsolved. The dollar index, which was traded against a basket of six major currencies, reverted its previous gains yesterday as the market participants...
by willy | May 15, 2023 | Weekly Analysis
15 May 2023 Weekly Analysis GCMAsia Weekly Report: May 15 – 19 Market Review (Forex): May 8 – 12 US Dollar The dollar index, which trades against a basket of six major currencies, extended gains even as uncertainty remained...
