by willy | Jul 12, 2023 | NZD/USD
NZDUSD, Daily: NZDUSD was traded higher following the prior rebound from the support level at 0.6150. MACD which illustrated bullish bias momentum suggest the pair to extend its gains toward the resistance level at 0.6290. Resistance level: 0.6290, 0.6455...
by willy | Jul 12, 2023 | USD/CAD
USDCAD, Daily: USDCAD was traded lower following the prior breakout below the previous support level at 1.3245. MACD which illustrated diminishing bullish momentum suggests the pair to extend its losses toward the support level at 1.3175. Resistance level:...
by willy | Jul 12, 2023 | USD/CHF
USDCHF, Daily: USDCHF was traded lower following the prior breakout below the previous support level at 0.8835. MACD which illustrated bearish bias momentum suggest the pair to extend its losses toward the support level at 0.8670. Resistance level: 0.8835,...
by willy | Jul 12, 2023 | GOLD
GOLD_, Daily: Gold price was traded higher following the prior rebound from the upward trend line. MACD which illustrated bullish bias momentum suggests the commodity to extend its gains toward the resistance level at 1939.75. Resistance level: 1939.75, 1951.60...
by willy | Jul 12, 2023 | Daily Analysis
12 July 2023 Morning Session Analysis US dollar lost its ground as Fed closed to the end of its tightening cycle. The dollar index, which was traded against a basket of six major currencies, regained its luster unsuccessfully in the...