Tag Archives: dollar

During the previous trading session, the Canadian dollar successfully reached the initial target set at 1.3875, reaching its highest point at 1.3892. From a technical perspective, our analysis leans toward optimism. The 50-day simple moving average continues to support the potential for an upward movement. Additionally, intraday trading stability above …

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Oil, Crude, trading

US crude oil futures prices have sustained losses as anticipated in the previous report, reaching the initial target of $81.15 and touching a low of $80.80 per barrel. Upon analysis of the 240-minute timeframe, the trading remains stable below $82.00 and, more broadly, under the resistance level of $82.70. This …

Positive momentum influenced the Euro/Dollar pair’s movements briefly, causing a temporary deviation from the anticipated downward trend. This deviation occurred after the pair consolidated above 1.0600 temporarily, leading to a recovery toward 1.0640 and 1.0670, reaching a peak at 1.0674. From a technical perspective, the resistance level at 1.0670 exerted …

European shares rose on Tuesday, led by real estate and chemicals shares, as investors weighed a batch of economic data, while BP’s weak third-quarter earnings weighed on the energy sector. By 0826 GMT, the European STOXX 600 index rose 0.2 percent, but was heading for its worst monthly performance since …

Oil, Crude, trading

Oil, Crude, trading

The previously mentioned support level at 1.3815 successfully contained the bearish momentum that emerged at the start of the last trading session. From a technical perspective, the trend is leaning towards positivity. The 50-day simple moving average continues to support the potential for an upward movement. Intraday trading maintains stability …

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