Tag Archives: dollar

Oil, Crude, trading

The technical outlook remains unchanged, and the pair’s movements did not change, trying to maintain positive stability, as we mentioned during the previous analysis. Technically, the pair confirmed the breach of the resistance level of 1.3500, which turned into a support level according to the concept of role exchange, and …

European stocks fell on Tuesday as investors weighed more corporate results and comments from European Central Bank policy makers on interest rate expectations. The European Stoxx 600 index fell 0.4 percent by 0718 GMT, affected by the decline in the mining and banking sectors, 1.8 percent and 1.5 percent, respectively, …

Japanese stocks rose slightly on Tuesday, with the Nikkei index touching an eight-month high, amid optimism about the results of a group of companies and the expansion of government subsidies for chip production. Momentum eased in the afternoon session, dragged down by steel producers amid indications of weaker demand from …

Oil, Crude, trading

Mixed trading dominated the movements of US crude oil futures contracts, invalidating the bearish scenario published during the previous analysis to return to stability again above the level of 77.80, explaining that breaching the mentioned level can nullify the bearish scenario. As a result, oil prices rise to around 78.80, …

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, in addition to confining trading within an occasional path, explaining that stepping up to the resistance level of the psychological barrier 1.1000 leads the euro to visit 1.1060, to activate the pending buy order scenario, …

Although the dollar is still weak, losses are currently contained. This week’s significant US macroeconomic data releases could influence the value of the dollar. Technically speaking, the Dollar Index is still bearish in the foreseeable future.The stronger-than-expected S&P Global PMI surveys on Friday did not help the dollar, as the …

At the start of a week that includes a widely awaited Bank of Japan meeting and the final few data releases before the Federal Reserve and European Central Bank make rate decisions in early May, the euro edged up a bit and the Japanese yen weakened. The euro was trading …

European stocks fell on Monday, tracking their Asian counterparts, as investors await more economic data this week and the results of some major US companies, as well as prominent banks and consumer companies in Europe. The European STOXX 600 index fell 0.2 percent by 0710 GMT, while oil and gas …