by willy | Mar 1, 2023 | Daily Analysis
01 March 2023 Morning Session Analysis Risk-on sentiment weighed on Greenback. The dollar index, which is traded against a basket of six major currencies, extended its losses in the previous trading session as the market risk appetite revived...
by willy | Feb 28, 2023 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following the prior retracement from the higher level. MACD which illustrated increasing bullish momentum suggests the index to extend its losses toward the support level at 104.45. Resistance level: 105.85, 106.95...
by willy | Feb 28, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following the prior break above from the previous resistance level at 1.2010 MACD which illustrated increasing bullish momentum suggests the pair to extend its gains toward the resistance level at 1.2145. Resistance level:...
by willy | Feb 28, 2023 | EUR/USD
EURUSD, H4: EURUSD was traded lower following the prior retracement from the higher level. However, MACD which illustrated bullish momentum suggests the pair to undergo technical correction in the short term. Resistance level: 1.0635, 1.0790 Support level:...
by willy | Feb 28, 2023 | USD/JPY
USDJPY, H4: USDJPY was traded higher while currently testing the resistance level at 136.30. However, MACD which illustrated diminishing bullish momentum suggests the pair to trade lower as a technical correction. Resistance level: 136.30, 138.15 Support level:...