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120723 USDCHF-Noon

USDCHF, H4: USDCHF was traded lower following the prior breaks below from the previous support level at 0.8820. However, MACD which illustrated diminishing bearish momentum suggests the pair undergoes a technical correction in a short term.   Resistance level:...

120723 CrudeOIL-Noon

CrudeOIL, H4: Crude oil price was traded higher following the prior breakout above the previous support level at 74.65. However, MACD which illustrated diminishing bullish momentum suggests the commodity undergoes a technical correction in a short term.  ...

120723 GOLD_-Noon

GOLD_, H4: Gold price was traded higher following the prior breaks above the previous resistance level at 1933.05. MACD which illustrated increasing bullish momentum suggests the commodity extended its gains toward the resistance level at 1946.60.   Resistance...

120723 Afternoon Session Analysis

12 July 2023                        Afternoon Session Analysis   The Kiwi edged up despite the central bank maintains its rate. The New Zealand dollar (Kiwi dollar) which traded against the dollar index, fell before the Reserve Bank of New Zealand (RBNZ) monetary...

120723 DOLLAR_INDX

DOLLAR_INDX, Daily: Dollar index was traded lower following the prior retracement from the resistance level at 103.00. MACD which illustrated bearish bias momentum suggests the index to extend its losses toward the support level at 100.65.   Resistance level:...