by willy | Jul 17, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded lower following the prior retracement from the resistance level at 77.15. MACD which illustrated diminishing bullish momentum suggest the commodity to extend its losses toward the support level at 73.90. Resistance...
by willy | Jul 17, 2023 | GOLD
GOLD_, Daily: Gold price was traded lower while currently testing the support level at 1951.60. MACD which illustrated diminishing bullish momentum suggests the commodity to extend its losses after it successfully breakout below the support level. Resistance...
by willy | Jul 16, 2023 | Daily Analysis
17 July 2023 Morning Session Analysis US dollar edged higher as market pessimism was priced in. The dollar index, which was traded against a basket of six major currencies, managed to regain its luster after hitting the 15-month low, as...
by willy | Jul 16, 2023 | Weekly Analysis
17 July 2023 Weekly Analysis GCMAsia Weekly Report: July 17 – July 21 Market Review (Forex): July 10 – July 14 US Dollar The Dollar Index, which was traded against a basket of six major currencies, failed to revive from its prior week’s...
by willy | Jul 14, 2023 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following the prior breaks below for the previous support level at 99.25. However, MACD which illustrated diminishing bearish momentum suggests the index undergoes a technical correction in a short term. Resistance...