Tag Archives: dollar

Positive movements dominated the prices of US crude oil futures contracts within the expected bullish track yesterday, touching the first bullish target to be achieved during the last report at 82.10, and approaching a few points away from the main target of 82.80, only to record its highest level at …

The Eurodollar pair continues its efforts to maintain the bullish context within a gradually ascending path to the upside, as we expected during the previous report, approaching the official target of 1.0940, recording its highest level at 1.0926. On the technical side today, we maintain the same technical conditions of …

European stocks rose on Monday, supported by technology and real estate companies, as expectations that the euro zone will witness a slight recession erased the impact of the hawkish statements of European Central officials that pushed the euro to its highest level in nine months. The pan-European Stoxx 600 index …

Japan’s Nikkei index jumped more than 1 percent on Monday, tracking a rally on Wall Street last week led by chip-related stocks. The Nikkei ended trading up 1.33 percent, recording 26,906.04 points, after rising earlier to 26,938.28 for the first time in a month. Of the 225 stocks listed on …

Oil, Crude, trading

The official bearish trend regained control of the Canadian dollar’s movements once again after it preferred to pass upwards to the pivotal resistance level at 1.3470, which forced it to trade negatively again to retest the support level of 1.3350. Technically, our trading tends to be negative, relying on the …

Oil, Crude, trading

Mixed movements dominated the prices of US crude oil futures contracts, but trading tended to be positive to succeed in recording good gains, touching the level of $81.86 per barrel. Technically, by looking closely at the 4-hour chart, we find that oil prices continue to get a positive impulse from …

The euro-dollar pair ended last week’s trading on a noticeable increase, and started today’s session’s trading as well, achieving significant gains within the expected general bullish path, to begin attacking the psychological barrier 1.0900, gradually approaching the target required to be achieved during the previous technical report at 1.0940, recording …

European stocks rose on Friday as bullish investors weighed the potential impact of the week-long Lunar New Year holiday after China lifted restrictions imposed to curb the spread of COVID-19, but fears of a global economic slowdown continued to dampen sentiment. The pan-European Stoxx 600 index was up 0.2 percent …