by willy | Feb 24, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following the prior rebound from the upward trend line. MACD which illustrated diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 76.10. Resistance level:...
by willy | Feb 24, 2023 | GOLD
GOLD_, Daily: Gold price was traded lower following the prior breakout below the previous support level at 1835.00. MACD which illustrated bearish bias momentum suggests the commodity to extend its losses toward the support level at 1786.00. Resistance level:...
by willy | Feb 24, 2023 | Daily Analysis
24 February 2023 Morning Session Analysis US dollar muted amid mixed economic data. The dollar index, which is traded against a basket of six major currencies, failed to extend its rally yet hovered near the highest level since the...
by willy | Feb 23, 2023 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following a prior retracement from the resistance level at 104.45. MACD which illustrated diminishing bullish momentum suggests the index to extend its losses toward the support level at 103.00. Resistance level: 104.45,...
by willy | Feb 23, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following a prior rebound from the lower level. However, MACD which illustrated diminishing bullish momentum suggests the pair to undergo technical correction in the short term. Resistance level: 1.2145, 1.2300 Support level:...
