by willy | Jul 13, 2023 | GOLD
GOLD_, H4: Gold price was traded higher following the prior breaks above the previous resistance level at 1946.60. However, MACD which illustrated diminishing bullish momentum suggests the commodity undergoes a technical correction in a short term. Resistance...
by willy | Jul 13, 2023 | Daily Analysis
13 July 2023 Afternoon Session Analysis Canadian dollar rises as Bank of Canada hikes rates to 23-year high. The Canadian dollar, which traded against the dollar index extended its gains after the Bank of Canada (BoC) raised its interest...
by willy | Jul 13, 2023 | Crudeoil
CrudeOIL, Daily: Crude oil price was traded higher following the prior breakout above the previous resistance level at 73.90. MACD which illustrated bullish bias momentum suggest the commodity to extend its gains toward the resistance level at 77.15. Resistance...
by willy | Jul 13, 2023 | USD/CHF
USDCHF, Daily: USDCHF was traded lower while currently testing the support level at 0.8670. MACD which illustrated bearish bias momentum suggest the pair to extend its losses after it successfully breakout below the support level. Resistance level: 0.8835,...
by willy | Jul 13, 2023 | USD/CAD
USDCAD, Daily: USDCAD was traded lower while currently testing the support level at 1.3175. MACD which illustrated diminishing bullish momentum suggests the pair to extend its losses after it successfully breakout below the support level at 1.3175. Resistance...