by willy | Jul 18, 2023 | USD/CAD
USDCAD, Daily: USDCAD was traded higher following the prior rebound from the support level at 1.3110. Due to lack of signal from MACD, it is suggested to wait for further confirmation such as breakout before entering into the market. Resistance level: 1.3295,...
by willy | Jul 18, 2023 | USD/CHF
USDCHF, Daily: USDCHF was traded lower following the prior breakout from the previous support level at 0.8710. However, MACD which illustrated diminishing bearish momentum suggests the pair to undergo technical correction in short term. Resistance level:...
by willy | Jul 18, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following the prior rebound from the support level at 73.75. However, MACD which illustrated diminishing bullish momentum suggests the commodity to undergo technical correction in short term. Resistance level:...
by willy | Jul 18, 2023 | GOLD
GOLD_, Daily: Gold price was traded higher following the prior rebound from the lower level. However, MACD which illustrated diminishing bullish momentum suggests the commodity to undergo technical correction in short term. Resistance level: 1971.40, 2003.60...
by willy | Jul 18, 2023 | Daily Analysis
18 July 2023 Afternoon Session Analysis Dollar declined slightly as investors await on Fed’s interest decision. The US dollar, which was traded against six other currencies, held steadily at a similar level as the investors were awaiting...