Tag Archives: dollar

japanese-yen

Oil, Crude, trading

US crude oil futures experienced sharp declines at the start of the week, bottoming out at $66.84 per barrel. From a technical standpoint, the 4-hour chart reveals that oil prices have decisively broken below the support level of $68.65. The persistent downward pressure from the simple moving averages continues to …

The US dollar continues to exert downward pressure on the euro, hitting the first official target highlighted in the previous technical report at 1.0510, with a recorded low of 1.0515. From a technical standpoint, and based on a closer analysis of the 4-hour chart, the pair remains stable below the …

The pan-European STOXX 600 index dropped 0.5% on Friday, heading toward its fourth consecutive weekly decline as technology and healthcare stocks led the losses. The index remained close to a three-month low, reflecting a week of negative sentiment and disappointing sector performance. The technology sub-index fell by 1.7%, with chipmaker …

European stock markets showed mixed results on Thursday as investors processed a wave of corporate earnings reports and key regional economic data. By early morning trade, Germany’s DAX index climbed 0.6%, while France’s CAC 40 gained 0.2%. In contrast, the UK’s FTSE 100 edged down by 0.1%. Eurozone Growth and …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures have reached the official target outlined in our previous technical report, hitting a low of $66.67 per barrel after touching the 67.00 mark. From a technical standpoint, the 4-hour chart indicates that oil attempted an upward rebound upon testing the psychological support at 67.00. Nevertheless, despite …