Tag Archives: dollar

Limited positive attempts dominated the movements of US crude oil futures prices, failing to breach the main resistance of the current trading level at 80.60. Technically, by looking closely at the 240-minute chart, we notice clear negative signs on the stochastic indicator, which is gradually losing bullish momentum and trading …

We adhered to intraday neutrality during the first trading sessions of this week due to the inconsistency between the technical signals, to find the EUR/USD pair trying to recover and now hovering around its highest level during the early trading of the current session at 1.0836. On the technical side …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar achieved the first official target that should be touched during the previous technical report at 1.3640, recording its highest level at 1.3640. Technically, by looking at the 4-hour chart, we find that the pair is still stable above 1.3560, and in general, above 1.3500, the support represented …

japanese-yen

Oil, Crude, trading

Mixed movements still control the prices of US crude oil futures contracts, to move in both upward and downward directions, recording a high of 80.45 before hitting a low of around $78.20 per barrel. Technically, by looking at the 240-minute chart, the price is shifting around the 50-day simple moving …

As we expected, the euro-dollar pair continues its bearish trend, recording its lowest level at the end of last week’s trading, around 1.0766, as part of attempts for a bullish rebound, to hover now around the resistance level of the psychological barrier 1.0800. On the technical side today, and when …

The euro fell to its lowest level since mid-June on Friday, weighed down by growing expectations that the European Central Bank could soon stop raising interest rates, while the dollar rose broadly ahead of a speech by Federal Reserve Chairman Jerome Powell. Reuters quoted eight informed sources as saying that …