by willy | Mar 2, 2023 | GBP/USD
GBPUSD, Daily: GBPUSD was traded lower following the prior retracement from the downward trend line. However, MACD which illustrated diminishing bearish momentum suggest the pair to undergo technical correction in short term. Resistance level: 1.2105,...
by willy | Mar 2, 2023 | Dollar_indx
DOLLAR_INDX, Daily: Dollar index was traded lower following the prior retracement from the resistance level at 105.00. MACD which illustrated diminishing bullish momentum suggests the index to extend its losses toward the support level at 103.15. ...
by willy | Mar 2, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following the prior breakout above the previous resistance level at 76.10. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 81.80. ...
by willy | Mar 2, 2023 | Daily Analysis
02 March 2023 Morning Session Analysis Dollar slumped amid optimism over China’s economic recovery. The dollar index, which is traded against a basket of six major currencies, lost its luster recently as the upbeat economic data in China had...
by willy | Mar 1, 2023 | GOLD
GOLD_, H4: Gold price was traded higher following a prior break above the previous resistance level at 1819.15. MACD which illustrated increasing bullish momentum suggests the commodity to extend its gains toward the resistance level at 1847.55. ...