by willy | Jul 14, 2023 | Daily Analysis
14 July 2023 Morning Session Analysis The dollar fell as PPI showed further signs of slowing inflation. The dollar index, which was traded against a basket of six major currencies, continued to weaken as the US inflationary pressures...
by willy | Jul 13, 2023 | USD/JPY
USDJPY, H4: USDJPY was traded higher following the prior rebound from the lower level. MACD which illustrated diminishing bearish momentum suggests the pair extended its gains towards the resistance level at 138.70. Resistance level: 138.70, 140.20 Support...
by willy | Jul 13, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded higher while currently testing for the resistance level at 76.00. However, MACD which illustrated diminishing bullish momentum suggests the commodity undergoes a technical correction in a short term. Resistance level:...
by willy | Jul 13, 2023 | Dollar_indx
DOLLAR_INDX, H4: Dollar index was traded lower following the prior breaks below for the previous support level at 100.20. However, MACD which illustrated diminishing bearish momentum suggests the index undergoes a technical correction in a short term. ...
by willy | Jul 13, 2023 | GBP/USD
GBPUSD, H4: GBPUSD was traded higher following the prior breaks above the previous resistance level at 1.2990. However, MACD which illustrated diminishing bullish momentum suggests the pair undergoes a technical correction in a short term. Resistance level:...
