Tag Archives: dollar

As we expected, the single European currency continued its positive performance against the US dollar, touching the official target station located at 1.1245, recording its highest level at 1.1245 during the early trading of the current session. On the technical side today, by looking at the 4-hour chart, we find …

European stocks rose Thursday, July 13, as US inflation data boosted hopes that the US Federal Reserve is about to end the monetary tightening cycle after the Corona virus pandemic, although a mixed set of economic data limited the increase in gains. The pan-European Stoxx 600 index rose 0.1% by …

Oil, Crude, trading

Oil, Crude, trading

Significant negative trades dominated the movements of the Canadian dollar within the expected technical outlook during the previous technical report, touching the official target station 1.3140, recording its lowest level at 1.3142. Technically, and with a closer look at the 240-minute chart, we find that the pair is stable below …

Oil, Crude, trading

Futures prices achieved good gains during the previous trading session within the expected bullish context, surpassing the first target that should be touched at 75.60 to record its highest level at $76.11 per barrel. The technical outlook remains unchanged; we are positive depending on the price’s consolidation in general above …

Remarkably positive trades dominated the movements of the euro-dollar pair within the positive technical outlook, as we expected during the previous report, touching the required targets at 1.1100, close by a few pips to the main target 1.1160, recording its highest level at 1.1148. Technically, and with a closer look …

European stocks rose on Wednesday ahead of the release of US inflation data that will determine whether the Federal Reserve is close to ending its monetary tightening cycle. The pan-European Stoxx 600 index rose 0.3 percent in early trade. US data, due at 1230 GMT, is expected to show the …

Oil, Crude, trading