by willy | May 3, 2023 | Daily Analysis
3 May 2023 Morning Session Analysis US dollar slumped amid disappointing job data. The dollar index, which was traded against a basket of six major currencies, received some bearish pressures after hitting the 3-week high as the US job...
by willy | May 2, 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 at 101.00. Resistance level:...
by willy | May 2, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following rebounded from the lower level at. However, MACD which illustrated bearish momentum suggests the pair to traded lower as technical correction. Resistance level: 1.2590, 1.2735 Support level: 1.2445,...
by willy | May 2, 2023 | EUR/USD
EURUSD, H4: EURUSD was traded higher following the prior rebound from the upward trend line. MACD which illustrated diminishing bullish momentum suggests the pair extended its gains toward the resistance level at 1.1070. Resistance level: 1.1070, 1.1225 Support...
by willy | May 2, 2023 | USD/JPY
USDJPY, H4: USDJPY was traded lower following the prior retracement from the higher level. MACD which illustrated diminishing bullish momentum suggests the index extended its losses toward the support level at 136.30. Resistance level: 138.15, 139.80 Support...