by willy | Mar 7, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher following prior breakout above the previous resistance level. MACD which illustrated increasing bullish momentum suggest the commodity to extend its gains. Resistance level: 82.25, 84.45 Support level: 80.15,...
by willy | Mar 7, 2023 | GOLD
GOLD_, H4: Gold price was traded lower following prior retracement from the resistance level. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses. Resistance level: 1860.10, 1885.95 Support level: 1833.85,...
by willy | Mar 7, 2023 | Daily Analysis
7 March 2023 Morning Session Analysis US Dollar beaten down ahead Powell’s speech. The Dollar Index, which gauge its value against a basket of six major currencies dropped significantly on yesterday as investors are awaiting the testimony from...
by willy | Mar 6, 2023 | Weekly Analysis
06 March 2023 Weekly Analysis GCMAsia Weekly Report: March 6 – 10 Market Review (Forex): Feb 27 – March 3 US Dollar The Dollar Index, which is traded against a basket of six major currencies, lost its ground...
by willy | Mar 6, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains. Resistance level: 1.2120, 1.2265 Support level: 1.2005,...