by willy | Jul 6, 2023 | Crudeoil
CrudeOIL, H4: Crude oil price was traded lower following the prior retracement from the higher level. MACD which illustrated diminishing bullish momentum suggests the commodity extended its losses toward the support level at 71.35. Resistance level: 73.15,...
by willy | Jul 6, 2023 | GOLD
GOLD_, H4: Gold price was traded higher following the prior rebound from the lower level. However, MACD which illustrated increasing bearish momentum suggests the commodity undergoes a technical correction in a short term. Resistance level: 1933.05, 1946.60...
by willy | Jul 6, 2023 | Daily Analysis
06 July 2023 Afternoon Session Analysis Pound slips after the UK business shows a sign of vulnerability. The Pound Sterling which traded against the dollar index, edged lower after the business momentum slowed in June showing a sign of...
by willy | Jul 6, 2023 | NZD/USD
NZDUSD, Daily: NZDUSD was traded higher following the prior breakout above the previous resistance 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:...
by willy | Jul 6, 2023 | AUD/USD
AUDUSD, Daily: AUDUSD was traded higher while currently testing the resistance level at 0.6675. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level at 0.6675. ...