Tag Archives: dollar

Oil, Crude, trading

Positive trading dominated the movements of the Canadian dollar in the previous trading session, aligning with the anticipated bullish trend and reaching the initial target at 1.3750, marking its peak at 1.3777. From a technical standpoint, a detailed analysis of the 4-hour timeframe chart reveals the pair’s establishment of stability …

japanese-yen

Oil, Crude, trading

US crude oil futures prices experienced significant losses in line with the anticipated negative outlook, reaching the specified official targets at 74.10 and marking its lowest point at $72.22 per barrel. Technically, the pressure from the simple moving averages persists from above, reinforcing the potential continuation of the current downward …

In the recent trading session, the EUR/USD pair made tentative positive moves; however, they remained constrained, leading to a return to stability below the key 1.0870 resistance level. Examining the 4-hour chart from a technical standpoint today, indications point to a bearish shift. The Stochastic indicator reflects a negative crossover, …

The European benchmark index fell on Thursday after a three-month rise as optimism about the peak of monetary tightening and an eventual interest rate cut faded. The European STOXX 600 index fell 0.2 percent by 0810 GMT, after increasing 2.5 percent over the past three days and recording its highest …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar has been making positive strides to uphold its stability above the support level of 1.3680 for two consecutive sessions. The pair’s intraday movements maintain proximity to its highest level during this morning’s trading session at 1.3705. From a technical analysis standpoint, examining the 4-hour chart reveals that …