by willy | Jul 26, 2023 | NZD/USD
NZDUSD, Daily: NZDUSD was traded higher following the prior rebound from the support level at 0.6160. MACD which illustrated decreasing bearish momentum suggests the pair to extend its gains toward the resistance level at 0.6280. Resistance level: 0.6280,...
by willy | Jul 26, 2023 | USD/CHF
USDCHF, Daily: USDCHF was traded lower following the prior retracement from the resistance level at 0.8710. However, MACD which illustrated increasing bullish momentum suggests the pair to undergo technical correction in short term. Resistance level: 0.8710,...
by willy | Jul 26, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following the prior breakout above the previous resistance level at 77.25. MACD which illustrated increasing bullish momentum suggests the commodity to extend its gains toward the resistance level at 79.70. ...
by willy | Jul 26, 2023 | GOLD
GOLD_, Daily: Gold price was traded lower following the prior breakout below the previous support level at 1971.40. MACD which illustrated diminishing bullish momentum suggests the commodity to extend its losses toward the support level at 1940.20. Resistance...
by willy | Jul 26, 2023 | Daily Analysis
26 July 2023 Afternoon Session Analysis EUR extended its losses due to recession fear on worse economic data. European dollar (EUR), which was widely traded by global investors, slumped after the recent economic data disappointed the...