Tag Archives: dollar

In line with our expectations, the futures contracts for American crude oil experienced a downward trajectory, successfully reaching the initial target of $72.60 and hitting the designated station at $72.15. The lowest point was recorded at $72.00 per barrel. A meticulous examination of the 4-hour chart reveals that the price …

In the aftermath of our previous technical report, the EUR/USD pair continued its anticipated descent, achieving the initial target at 1.0800 and hovering just a few points above the second target at 1.0760. The pair marked its lowest point at 1.0778, confirming the validity of the downward trajectory. As we …

On Wednesday morning during the early Asian session, the price of gold (XAU/USD) declines. The yellow metal declines due to the renewed demand for US dollars (USD). The US Dollar Index (DXY), which measures the value of the US dollar relative to a weighted basket of currencies that is used …

European stocks fell on Tuesday, affected by a decline in financial sector stocks after Qatar reduced its stake in Barclays Bank, while investors remained cautious ahead of important economic data later on Tuesday. The European STOXX 600 index fell 0.1 percent by 8:12 GMT. Barclays shares fell 3.3 percent a …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar found a good support floor around the 1.3500 level, which succeeded in reducing the bearish tendency, and the current movements of the pair witness attempts to recover and hover near its highest level around 1.3560. From the point of view of technical analysis today, we are leaning …

japanese-yen

Oil, Crude, trading

Negative dynamics prevailed in the prices of US crude oil futures contracts during the previous session, aligning with the anticipated bearish outlook outlined in the prior technical report. The market reached the initial target of $74.10 and neared, within a few points, the official station of $72.35, marking its lowest …