by willy | Mar 28, 2023 | USD/CHF
USDCHF, H4: USDCHF was traded lower following the prior break below from the previous support level at 0.9180. MACD which illustrated bearish momentum suggests the pair to extend its losses toward the support level at 0.9090. Resistance level: 0.9180, 0.9285...
by willy | Mar 28, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following a prior retracement from the higher level. However, MACD which illustrated increasing bullish momentum suggests the commodity to undergo technical correction in the short term. Resistance level: 70.65,...
by willy | Mar 28, 2023 | GOLD
GOLD_, H4: Gold price was traded higher following a prior rebound from the support level at 1954.90. MACD which illustrated diminishing bearish momentum suggests the commodity to extend its gains toward the resistance level at 1985.50. Resistance level:...
by willy | Mar 28, 2023 | Daily Analysis
28 March 2023 Afternoon Session Analysis BoE Bailey’s hawkish speech supports Pound gains. The British Pound extended its gains amid the Bank of England (BoE) Governor Andrew Bailey’s hawkish statement. In the speech, Bailey reiterated...
by willy | Mar 28, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded higher following the prior breakout above the previous resistance level at 1.2200. MACD which illustrated bullish bias momentum suggest the pair to extend its gains toward the resistance level at 1.2345. Resistance level:...
