Tag Archives: dollar

Oil, Crude, trading

Trading tended to be positive, dominating the movements of the Canadian dollar after it confirmed the breach of the resistance level of 1.3350, to end its daily dealings above the mentioned level. Technically, we tend to be positive in our trading, relying on the positive impulse from the 50-day simple …

Oil, Crude, trading

US crude oil futures prices incurred significant losses during the previous trading session, surpassing the bearish targets that must be touched in the last analysis at 80.00, to deepen its losses, reaching $75.30 per barrel. Technically, by looking at the 4-hour chart, we find that the simple moving averages continue …

The EURUSD pair started its first weekly trading on a bearish slope, after finding a strong resistance level around 1.0400, below the strong demand point indicated at 1.0270, explaining that the decline below the mentioned level puts the pair under negative pressure; its first target is 1.0200, recording its lowest …

Japanese stocks closed slightly higher on Monday, although stocks included in the Nikkei index remained below 28,000 points, as a rise in the number of COVID-19 infections in China overshadowed sentiment in Asia while traders waited for more clarity regarding the issue. What will happen to interest rates. The Nikkei …

On Friday, gold prices are trading unchanged in early US trading session. The softer US dollar index is being balanced by a drop in crude oil prices to a five-week low overnight. US bond yields have risen a bit late this week, which leans slightly bearish for the safe-haven metals. …

European stocks opened higher on Friday after falling for two straight days as investors snapped up falling energy stocks, although hawkish comments from more Federal Reserve officials capped gains. The pan-European Stoxx 600 index was up 0.4% by 0813 GMT, with basic resources stocks rising 1.1%, after falling more than …

The dollar is heading for its best week in a month on Friday, as comments from Federal Reserve officials and stronger-than-expected retail sales data curbed the US currency’s slide after signs of easing inflation. It was also helped by Thursday’s 0.4 percent decline in the British pound after a British …

Oil, Crude, trading