Tag Archives: dollar

Mixed trading dominated the prices of US crude oil futures contracts to temporarily reverse the expected downward trend, indicating that the attempt to stabilize trading above 89.40 is leading oil prices to retest 90.40, recording its highest level of $89.23 per barrel. Technically, oil prices failed to maintain their trading …

Attempts that tended towards a marginal rise witnessed the movements of the EUR/USD pair approaching retesting the resistance level of the 1.0500 psychological barrier, which has been stable below it until now. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair failed …

European stocks extended losses on Tuesday as rising US Treasury yields and the dollar pressured high-risk assets such as stocks and commodities, while a pessimistic outlook from the financial brokerage sector weighed on fashion retail companies. Strong economic data and the US Congress’ approval of a financing bill to avoid …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar jumped to achieve substantial gains within the expected positive outlook during the previous report, touching the official target to be achieved at 1.3670, recording its highest level during the morning period of today’s session at 1.3705. Technically, and with a closer look at the 4-hour time frame …

japanese-yen

Oil, Crude, trading

Negative trading dominated the prices of US crude oil futures within the expected downward correction during the previous technical report, exceeding the required targets to reach the official target of 88.70, recording its lowest level of $87.80 per barrel. Technically, oil failed to maintain trading above 89.40. This previously broken …

We remained neutral for the moment during the previous technical report due to the conflicting technical signals, explaining that activating the selling positions depends on the pair’s failure to break through the psychological barrier of 1.0600 resistance, heading to touch the first official target of 1.0500, recording its lowest level …