by willy | Mar 27, 2023 | Daily Analysis
27 March 2023 Afternoon Session Analysis Pound steadied as UK’s optimistic economic outlook. Sterling held steady as Bank of England (BoE) Governor Andrew Bailey expressed optimism about the UK’s economic outlook. Bailey said in an...
by willy | Mar 27, 2023 | Weekly Analysis
27 March 2023 Weekly Analysis GCMAsia Weekly Report: March 27 – 31 Market Review (Forex): March 20 – 24 US Dollar The Dollar Index, which is traded against a basket of six major currencies, lost its ground...
by willy | Mar 27, 2023 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded higher following prior rebound from the support level. MACD which illustrated decreasing bearish momentum suggest the index to extend its gains. Resistance level: 103.20, 104.70 Support level: 102.05,...
by willy | Mar 27, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded higher following prior breakout the previous resistance level. However, MACD which illustrated decreasing bullish momentum suggest the pair to be traded lower as technical correction. Resistance level: 1.2345, 1.2595 Support...
by willy | Mar 27, 2023 | EUR/USD
EURUSD, Daily: EURUSD was traded lower while currently testing the support level. MACD which illustrated decreasing bullish momentum suggest the pair to extend its losses if successfully breakout the support level. Resistance level: 1.0890, 1.1100 Support...