by willy | May 15, 2023 | GOLD
GOLD_, Daily: Gold price was traded lower following prior breakout below the previous support level at 2025.50. MACD which illustrated bearish bias momentum suggests the commodity to extend its losses toward the support level at 2000.00. Resistance level:...
by willy | May 15, 2023 | Daily Analysis
15 May 2023 Morning Session Analysis Greenback surged despite disappointing economic data. The dollar index, which was traded against a basket of six major currencies, extended its rallies last Friday as the market participants were...
by willy | May 12, 2023 | Daily Analysis
12 May 2023 Afternoon Session Analysis The Pound fell aftermath Bank of England (BoE) hikes rate The pound sterling which traded against the greenback lost its ground after the Bank of England (BoE) raised the official cash rate by 25...
by willy | May 12, 2023 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following the prior retracement from the resistance level at 101.90. MACD which illustrated diminishing bullish momentum suggests the index extended its losses toward the support level. Resistance level: 102.40,...
by willy | May 12, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following a prior break below from the previous support level at 12590. However, MACD which illustrated diminishing bearish momentum suggests the pair traded higher as a technical correction. Resistance level: 1.2590, 1.2735...
