by willy | Aug 7, 2023 | Daily Analysis
07 August 2023 Morning Session Analysis Greenback plunged amid US jobs growth deteriorated. The dollar index, which was traded against a basket of six major currencies, lost its ground of gains as the latest job data showed sign of loosening in...
by willy | Aug 4, 2023 | Daily Analysis
4 August 2023 Afternoon Session Analysis GBP rose as BoE hike interest rate to 5.25%. Pound Sterling (GBP), which was widely traded by global investors, rose after the Bank of England (BoE) decided to hike 25 basis points (bps) of interest...
by willy | Aug 4, 2023 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded lower while following the prior retracement from the resistance level at 102.35. MACD which illustrated decreasing bullish momentum suggests the index to extend its losses toward the support level at 101.55. ...
by willy | Aug 4, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded higher following the prior rebound from lower level. MACD which illustrated decreasing bearish momentum suggest the pair to extend its gains toward the resistance level at 1.2830. Resistance level: 1.2830, 1.3000 Support level:...
by willy | Aug 4, 2023 | EUR/USD
EURUSD, Daily: EURUSD was traded lower following the prior breakout below the previous support level at 1.1010. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward the support level at 1.0835. Resistance level:...
