Tag Archives: dollar

Oil, Crude, trading

Temporary negative movements regained control over the prices of US crude oil futures contracts, nullifying the expected bullish technical outlook during the previous report, in which we relied on the bullish technical pattern, in addition to the price’s stability above 78.30 at the time of the report’s release, to witness …

We adhered to intraday neutrality during the previous report due to the conflicting technical signals, explaining that the 1.0745 level represents one of the most important keys to the direction, explaining that the 60-minute candle sticking above the mentioned level might push the Euro-dollar pair to visit 1.0780, to record …

The Japanese government said it has appointed academic Kazuo Ueda as the next central bank governor, in a surprise choice that could boost chances of ending its unpopular yield control policy. Ueda, 71, a former board member of the Bank of Japan, will succeed Haruhiko Kuroda, whose second five-year term …

European stocks opened higher on Tuesday, supported by gains in the travel sector, after TUI Tourism Group expected a recovery in the travel sector for the next summer season. The pan-European Stoxx 600 index was up 0.3 percent by 0812 GMT. European travel and leisure stocks rose 0.6 percent. Germany-listed …

Japan’s Nikkei rose on Tuesday after Wall Street’s rally overnight, as investors take positions ahead of key US inflation data later in the day that could determine the direction of the Federal Reserve’s monetary policy. The Japanese government nominated Kazuo Ueda for the post of Governor of the Bank of …

Oil, Crude, trading

The Canadian dollar failed to settle for a long time above the strong resistance level at 1.3380, which formed negative pressure, forcing the pair to trade negatively again, settling around its lowest level at around 1.3330. Technically, and with a closer look at the 4-hour chart, the simple moving averages …

Oil, Crude, trading

Positive movements dominated the prices of US crude oil futures contracts at the beginning of this week’s trading after it managed to build on the support of 78.30, to start its movements within an upward rebound, recording its highest level at 80.57. Technically, we find a bullish technical formation that …