Tag Archives: dollar

Oil, Crude, trading

The technical outlook for the Canadian dollar remains consistent, with no significant alterations in its movements. The currency continues to exhibit positive stability, initiating an assault on the psychological barrier resistance level of 1.3800, reaching its peak at 1.3816. From a technical analysis perspective today, our trading inclination leans towards …

japanese-yen

Oil, Crude, trading

The crucial resistance level highlighted in the preceding technical report at $77.00 proved to be a formidable barrier, intensifying negative sentiments on US crude oil futures. The market maintained negative stability, reaching its nadir at $75.25 per barrel. A detailed examination of the 240-minute timeframe chart reveals a sustained negative …

“We maintained a neutral stance in our intraday analysis due to conflicting technical signals and the trading range bound by 1.0640 as the lower limit and 1.0760 as the upper limit. In today’s technical outlook, we are leaning towards a bearish bias, noting the initial formation of a bearish pattern …

European stocks began trading on Thursday on a stable note after the positions of European Central Bank policymakers reduced market optimism regarding interest rate cuts, while investors again awaited comments from Federal Reserve Chairman Jerome Powell. The European STOXX 600 index saw little change by 0810 GMT after touching the …

Oil, Crude, trading

Oil, Crude, trading

The technical outlook for the pair remains unaltered, with no significant shifts in its movements. The currency pair has managed to sustain positive stability, finding a foothold on the support level of 1.3710. In today’s technical analysis, we are inclined towards a positive trading stance, drawing confidence from the pair’s …