by willy | Feb 27, 2023 | Daily Analysis
27 February 2023 Morning Session Analysis Greenback skyrocketed as inflation resurged. The dollar index, which traded against a basket of six major currencies, managed to extend its rallies as the Fed’s preferred inflation gauge...
by willy | Feb 24, 2023 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher while currently testing for the resistance level at 104.45. However, MACD which illustrated bearish momentum suggests the index to undergo technical correction in a short term Resistance level: 104.45, 105.85 Support...
by willy | Feb 24, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower while currently testing for the support level at 1.2010. MACD which illustrated bearish momentum suggests the pair to extend its losses if successfully breaks below the support level. Resistance level: 1.2145, 1.2300 Support level:...
by willy | Feb 24, 2023 | EUR/USD
EURUSD, H4: EURUSD was traded lower following a prior retracement from the previous support level at 1.0635. MACD which illustrated bullish momentum suggests the pair to extend its gains toward the resistance level at 1.0635. Resistance level: 1.0635, 1.0790 Support...
by willy | Feb 24, 2023 | USD/JPY
USDJPY, H4: USDJPY was traded lower while currently testing the support level at 134.55. MACD which illustrated bearish momentum suggests the pair to extend its losses after it successfully breakout above the support level. Resistance level: 136.30. 138.15 Support...