Tag Archives: dollar

Oil, Crude, trading

There was a notable surge in the prices of US crude oil futures contracts in the recent trading session, effectively nullifying the previously anticipated bearish scenario that relied on trading stability below the 73.70 resistance level at the time of the report’s issuance. As a reminder, it was previously mentioned …

The Euro gained ground against the US dollar in the final trading sessions of last week, successfully consolidating above the critical resistance level of 1.0870. This consolidation serves as a compelling factor, effectively halting the anticipated downward trend. Consequently, the pair is poised to resume its upward trajectory, setting targets …

Oil, Crude, trading

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, …