Tag Archives: dollar

Oil, Crude, trading

The Canadian dollar continues to exhibit positive stability, benefitting from its position above the psychological barrier support level of 1.3500, reaching its highest point at 1.3572. Technical Analysis Perspective: Today’s technical analysis leans towards positivity, hinging on the confirmation of the pair’s breach above the 1.3520 resistance level. Additionally, the …

japanese-yen

Oil, Crude, trading

US Crude Oil Futures Reach Target Before Facing Resistance US crude oil futures prices surged to achieve the initial upward target as anticipated in the previous technical report, hitting a peak of $78.74 per barrel, surpassing the first milestone at $78.55. Technical Analysis Highlights: During the trading session, oil prices …

The Euro/Dollar pair held steady with a negative bias, maintaining its stability within a tight range. In the previous trading session, the pair exhibited a slight bearish trend, reaching its lowest point at 1.0695. Technical Analysis: Upon closer examination of the 4-hour timeframe chart, the pair remains stable below the …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar has defied expectations of a downward trend, particularly as trading stabilized above the key resistance level of 1.3520. Previously, we anticipated a halt in the downward trajectory if stability above 1.3520 was achieved, signaling a potential upward movement towards 1.3550 and 1.3590. Today, from a technical standpoint, …

japanese-yen