by willy | Jul 26, 2023 | Daily Analysis
26 July 2023 Morning Session Analysis US dollar muted ahead of Fed’s interest rate decision. The dollar index, which was traded against a basket of six major currencies, failed to extend its gains yesterday as the market participant...
by willy | Jul 25, 2023 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded higher after it breakout the previous resistance level at 100.80. MACD which illustrated a turn from bearish momentum to bullish momentum suggests the index to extend its gains toward the resistance level at 101.55. ...
by willy | Jul 25, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded higher while testing the resistance level at 1.2835. However, MACD which illustrated increasing bearish momentum suggest the pair to undergo technical correction in short term. Resistance level: 1.2835, 1.3000 Support level:...
by willy | Jul 25, 2023 | EUR/USD
EURUSD, Daily: EURUSD was traded lower following the prior breakout below the previous support level at 1.1185. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward the support level at 1.1010. Resistance level:...
by willy | Jul 25, 2023 | USD/JPY
USDJPY, Daily: USDJPY was traded lower following the prior retracement from the resistance level at 141.90. However, MACD which illustrated increasing bullish momentum suggest the pair to undergo a technical correction in short term. Resistance level: 141.90,...
