by willy | May 11, 2023 | NZD/USD
NZDUSD, Daily: NZDUSD was traded higher following the prior breakout above the previous resistance level at 0.6290. MACD which illustrated bullish bias momentum suggest the pair to extend its gains toward the resistance level at 0.6455. Resistance level:...
by willy | May 11, 2023 | USD/CHF
USDCHF, Daily: USDCHF was traded higher following the prior breakout above the previous resistance level at 0.8865. MACD which illustrated bullish bias momentum suggest the pair to extend its gains toward the resistance level at 0.9000. Resistance level:...
by willy | May 11, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded lower following the prior retracement from the resistance level at 73.90. MACD which illustrated diminishing bearish momentum suggest the commodity to undergo technical correction in short term. Resistance level:...
by willy | May 11, 2023 | GOLD
GOLD_, Daily: Gold price was traded higher following the prior breakout above the previous resistance level at 2025.50. MACD which illustrated bullish bias momentum suggests the commodity to extend its gains toward the resistance level at 2051.90. Resistance...
by willy | May 11, 2023 | Daily Analysis
11 May 2023 Morning Session Analysis US dollar dived as inflation eased further. The dollar index, which was traded against a basket of six major currencies, reversed its previous trading session gains as yesterday’s downbeat data wiped...