by willy | Feb 20, 2023 | Daily Analysis
20 February 2023 Morning Session Analysis US dollar slumps ahead of Washington’s Birthday Holiday. The dollar index, which is traded against a basket of six major currencies, lost its ground after hitting the highest level since the...
by willy | Feb 17, 2023 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded higher following a prior rebound from the lower level. MACD which illustrated bullish bias momentum suggests the index to extend its gains toward the resistance level at 104.45. Resistance level: 104.45, 105.85 Support level:...
by willy | Feb 17, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded lower following the prior breakout below the previous support level at 1.2010. MACD which illustrated bearish momentum suggests the pair to extend its losses toward the support level at 1.1900. Resistance level: 1.2010, 1.2145 Support...
by willy | Feb 17, 2023 | Strategy
EURUSD, H4: EURUSD was traded lower following a prior retracement from a higher level. MACD which illustrated increasing bearish momentum suggests the pair to extend its losses toward the support level at 1.6035. Resistance level: 1.0850, 1.0975 Support level: 1.0635,...
by willy | Feb 17, 2023 | USD/JPY
USDJPY, H4: USDJPY was traded higher while currently testing for the resistance level at 134.55. However, MACD which illustrated diminishing bullish momentum suggests the pair to undergo a technical correction in the short-term. Resistance level: 134.55, 136.30...
