Tag Archives: dollar

The EUR/USD pair touched the first bearish target within the bearish path published during the previous technical report, located at 1.0665, recording its lowest level at 1.0665. On the technical side today, and with a closer look at the 4-hour chart, we find that the pair is still stable below …

European stocks opened flat on Tuesday, as fears of major central banks raising interest rates to counter slowing economic growth offset support from defensive healthcare stocks. The European Stoxx 600 index settled at 459.78 points. The index had fallen in the previous session due to data that indicated weak activity …

European shares opened stable on Monday after the markets failed to take advantage of the momentum resulting from last week’s gains, while London shares led the gains in the region, supported by the optimistic performance of energy companies on the back of rising oil prices. The European Stoxx 600 index …

Oil, Crude, trading

The technical outlook remains unchanged, and the pair’s movements did not change significantly, maintaining negative stability after failing to achieve a daily closing above the resistance of the psychological barrier of 1.3500. From a technical point of view, today, we notice the continuation of the clear negative crossover signs on …

Oil, Crude, trading

US crude oil futures prices achieved noticeable gains within the bullish track, as we expected, in which we relied on breaching 71.55, surpassing the required target of 73.10, and recording a high of 74.92. Technically, oil prices opened their first weekly trading on an ascending price gap to record the …

The bearish trend regained control of the EUR/USD pair after the US dollar received positive momentum after the US jobs data came in better than expected. On the technical side today, by looking at the 240-period chart, the current movements of the pair stabilize below the main resistance level of …

European stocks rose on Friday, led by mining and real estate stocks, as investors breathed a sigh of relief after the US Congress approved the debt ceiling bill and signs the Federal Reserve may pause its rate hike cycle later this month. The pan-European Stoxx 600 index was up 0.5% …

Oil, Crude, trading