Tag Archives: dollar

European stocks touched a two-month low on Wednesday after weak economic data from China fueled fears of a global slowdown and dashed optimism from signs of falling inflation in some major eurozone economies. The pan-European Stoxx 600 index fell 0.7 percent, its lowest since March 31. The main stock exchanges …

Oil, Crude, trading

The technical outlook is unchanged, with the Canadian dollar continuing to maintain positive stability, continuing its gradual rise to the upside, recording its highest level during the early trading of the current session at 1.3640. Technically, and by looking at the 4-hour chart, we find that the simple moving averages …

Oil, Crude, trading

In the expected bearish context, US crude oil futures prices incurred significant losses yesterday, surpassing the bearish targets required to be achieved at 71.20, recording its lowest level at $69.07 per barrel. Technically, the 50-day simple moving average supports opportunities to continue the decline, in addition to the stability of …

The Euro succeeded in achieving the negative outlook as we expected during the previous technical report, touching the first official target station located at 1.0680, recording its lowest level at the last session at 1.0672, to return as part of attempts to rebound bullishly as a result of touching the …

European stocks fell on Tuesday, affected by uncertainty that Congress will pass the US debt ceiling agreement to avert the country from a catastrophic default. The pan-European STOXX 600 index fell 0.2% by 0716 GMT, amid expectations that trading would gain momentum as the US and UK markets reopened after …

Oil, Crude, trading

Positive trades continue to dominate the Canadian dollar for the second consecutive session, building a good support floor near 1.3560, and the pair is now hovering around its highest level during the early trading of the current session at 1.3600. Technically, and by looking closely at the 4-hour chart, we …

Oil, Crude, trading