Tag Archives: dollar

The US dollar continues to exert downward pressure on the euro, hitting the first official target highlighted in the previous technical report at 1.0510, with a recorded low of 1.0515. From a technical standpoint, and based on a closer analysis of the 4-hour chart, the pair remains stable below the …

The pan-European STOXX 600 index dropped 0.5% on Friday, heading toward its fourth consecutive weekly decline as technology and healthcare stocks led the losses. The index remained close to a three-month low, reflecting a week of negative sentiment and disappointing sector performance. The technology sub-index fell by 1.7%, with chipmaker …

European stock markets showed mixed results on Thursday as investors processed a wave of corporate earnings reports and key regional economic data. By early morning trade, Germany’s DAX index climbed 0.6%, while France’s CAC 40 gained 0.2%. In contrast, the UK’s FTSE 100 edged down by 0.1%. Eurozone Growth and …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures have reached the official target outlined in our previous technical report, hitting a low of $66.67 per barrel after touching the 67.00 mark. From a technical standpoint, the 4-hour chart indicates that oil attempted an upward rebound upon testing the psychological support at 67.00. Nevertheless, despite …

The Euro remains firmly in a downtrend against the US Dollar, as we had anticipated, reaching our previous target of 1.0565 and even dipping to a low of 1.0545 during the morning trading session. On the technical front, the 4-hour chart indicates persistent negative pressure from the simple moving averages, …

European stock indices showed mixed but subdued movement on Wednesday, as investors awaited key U.S. inflation data. The DAX index in Germany remained relatively unchanged, France’s CAC 40 slipped by 0.2%, and London’s FTSE 100 saw a slight uptick of 0.1%. U.S. Inflation in Focus for Global Investors With little …

Oil, Crude, trading