Tag Archives: dollar

Positive trades dominated the movements of the Canadian dollar within the expected bullish path in the last analysis, touching the first target at 1.3665, recording its highest level at 1.3676. Technically, the 50-day simple moving average continues to hold the price from below, and this comes in conjunction with the …

Oil, Crude, trading

The prices of US crude oil futures contracts incurred significant losses during the previous trading session, within the downward track, as we expected in the last report, touching the required target at 75.20, recording its lowest level at $73.44 per barrel. Technically, looking at the 240-minute chart, with regular movement …

The pair was trading in a narrow range, and the EUR/USD pair did not show any significant change and was stable from above or below the resistance level of 1.0510 and below the support level of 1.0460. Technically, and with careful consideration, we notice the continuation of the conflicting technical …

The US dollar index held firm on Tuesday, posting its biggest gain in two weeks, after strong US service sector data fueled expectations that the Federal Reserve would raise interest rates more than recently expected. The Australian dollar rose from near a one-week low after the Reserve Bank of Australia …

European stocks fell on Tuesday, December 6, under pressure from the banking and energy sectors, as strong data on the services sector activity in the United States raised fears that the US Federal Reserve will continue to raise interest rates at large rates. The Stoxx 600 fell by 0.1%, extending …

Japanese stocks ended slightly higher on Tuesday, supported by gains in chip-related stocks as well as exporters, which rose on the back of the yen’s decline against the dollar. The Nikkei index increased 0.24 percent, closing at 27,885.87, while the Topix index rose 0.12 percent, closing at 1950.22. The dollar …

Oil, Crude, trading

The Canadian dollar jumped yesterday to reverse the expected bearish trend during the previous analysis, in which we relied on trading stability below 1.3480, explaining that consolidation above the aforementioned level is capable of completely thwarting the suggested scenario, and the pair may recover with a bullish target first at …

Oil, Crude, trading