Oil, Crude, trading

Oil, Crude, trading

Positive trading continues to control the movements of the Canadian dollar within the expected upward path during the previous technical report, maintaining positive stability above the strong support floor 1.3450. Technically, we are leaning towards positivity in our trading, relying on the pair’s success in crossing upwards and rising above …

japanese-yen

Oil, Crude, trading

US crude oil futures prices achieved the idea of a corrective decline published during the previous report, touching the first bearish correction target of 88.65, approaching a few points ahead of the second target of 88.00, recording its lowest level at $88.23. Technically, prices witnessed a rapid upward rebound due …

Gold prices achieved the official target published during the previous technical report, explaining that breaking the main support floor for the current trading levels of 1913 led the price to visit 1903, recording its lowest level at $1899 per ounce. Technically, today, by looking at the 4-hour chart, we find …

A strong downward trend continues to control the movements of the Euro/Dollar pair within the negative outlook expected during the previous analysis, touching the desired target at 1.0555, recording its lowest level during early trading of the current session at 1.0555. Technically, and with a closer look at the 4-hour …

The yen fell on Friday after the Bank of Japan maintained its ultra-loose monetary policy, while the dollar remained near its highest level in six months on expectations that interest rates will remain high for a longer period in the United States. The yen declines after the Bank of Japan …

The Turkish lira fell to a record low of more than 27.236 against the US dollar on Tuesday due to inflationary pressures and the rise of the dollar, bringing its losses on an annual basis to more than 31%. President Recep Tayyip Erdogan’s support for a low interest rate policy …