Tag Archives: dollar

European stock markets fell on Thursday as statistics revealed that Germany, the region’s largest economy, fell into recession in the first quarter of the year. At 03:15 ET (07:15 GMT), the DAX index in Germany was down 0.2%, the FTSE 100 in the United Kingdom was down 0.4%, and the …

Oil, Crude, trading

Due to conflicting negative signals, we adhered to intraday neutrality in the previous report, explaining that activating buying centres depends on breaching 1.3500 to target areas of 1.3570, surpassing the required target, and recording its highest level at 1.3613. Technically, and with a closer look at the 4-hour chart, the …

Oil, Crude, trading

Positive trading dominated the prices of US crude oil futures contracts yesterday, supported by the continuation of gaining bullish momentum that led prices to touch the first expected target at 74.50, recording the highest of $74.70 per barrel. Technically, the positive impact of the bullish technical structure during the previous …

The single European currency continued its decline against the US dollar within the expected bearish path during the previous report, continuing the negative creep towards 1.0720, to hover around its lowest level during today’s early trading at 1.0730. Technically, and by looking closely at the 4-hour chart, we find that …

Oil, Crude, trading

The technical outlook is unchanged, the pair’s movements did not change significantly within uncertain attempts to achieve the required breach, and the current movements are still stable below the resistance of the psychological barrier of 1.3500. Technically, and when looking closely at the 4-hour chart, we find that there is …

Oil, Crude, trading

The futures prices of US crude oil witnessed a trading session in the green areas, heading to record the first weekly gain in almost a month, touching $73.93 per barrel. Today’s technical side indicates the possibility of continuing the rise, relying on the bullish technical formation shown on the 4-hour …