Tag Archives: dollar

The Canadian dollar achieved the negative targets we expected within the bearish path published during the previous technical analysis, touching the official target at the end of last week’s trading at 1.3550, recording the lowest at 1.3505. Technically, we tend to be negative, relying on the continuation of the negative …

Oil, Crude, trading

US crude oil futures prices witnessed an upward rebound by the end of last week’s trading, building on the strong support floor of 72.60. Technically, with a close look at the 240-minute chart, the price has returned to stability above the simple moving averages that support more rises and is …

The single European currency showed movements within a bearish bias due to the clash with the resistance level of 1.0920, which forced the pair to retest 1.0820, which concluded last week’s trading above the mentioned support level. Technically, and looking at the 4-hour chart, we find that the 50-day SMA …

Japan’s Nikkei index rose on Friday, the last trading day of the country’s fiscal year, and recorded its best week in two months after easing fears of a banking crisis and a weaker yen boosted investor sentiment. The Nikkei ended Friday, up 0.93 percent, at 28,041.48 points, to remain above …

European shares recorded their highest level in two weeks at the open on Thursday, after the rise of the Wall Street Stock Exchange in the evening affected by an unexpected increase in the profits of the Swedish retail giant H & M and the dispelling of concerns about pressures in …

The Japanese Nikkei index closed lower on Thursday after gains for three consecutive sessions, with a group of stocks trading without the right to distribute profits, while losses were limited as technology shares followed the path of the rally on Wall Street overnight. The Nikkei index fell 0.36 percent to …

European stocks rose on Wednesday, tracking improved sentiment in Asian markets following plans to break up Chinese tech giant Alibaba Group, while Swiss bank UBS rose after it reappointed Sergio Ermotti as CEO. The Stoxx 600 index of European shares rose 0.6 percent by 0705 GMT, in line with gains …

The Japanese Nikkei index closed at its highest level in nearly three weeks on Wednesday, as investors increased appetite for shares that are scheduled to be traded this week without the right to distribute profits, and the shares of the highly influential Soft Bank Group jumped in the market, supported …

European stocks rose on Tuesday as investors’ hopes of containing the banking crisis revived after a deal to take over the deposits and loans of the collapsed US bank Silicon Valley. The European Stoxx 600 index rose 0.7 percent by 0708 GMT, continuing the rise for the second day in …