Tag Archives: dollar

Oil, Crude, trading

US crude oil futures prices continued to achieve losses within the expected downside path in the previous analysis, touching the expected target at 78.60, recording its lowest level at 76.85. Technically, by looking at the 240-minute chart, the simple moving averages still put negative pressure on the price from above, …

A positive trading session that witnessed the movements of the Euro-dollar pair within the expected bullish path during the last analysis, explaining that the breach to the upside and the consolidation above the resistance level of 1.0350 is a motivating factor that enhances the chances of touching our required target …

The US dollar held steady on Wednesday ahead of the highly anticipated release of the Federal Reserve’s latest policy meeting, while the New Zealand dollar was boosted by a record interest rate hike to curb inflation. The US dollar index, which measures the dollar’s performance against six major currencies, settled …

European stocks hovered near three-month highs on Wednesday as a rally in commodities stocks offset a decline in Credit Suisse after issuing a profit warning, while investors awaited corporate activity data for clues to the strength of the eurozone economy. By 0805 GMT, the pan-European Stoxx 600 index was flat …

Oil, Crude, trading

Mixed trading dominated the movements of the Canadian dollar within a bearish slant to the downside after finding a solid resistance level of around 1.3460 to end the previous session’s trading at 1.3372. Technically, and by looking closely at the 240-minute chart, we find that the simple moving average started …

Oil, Crude, trading

We remained neutral during the last analysis due to the high-risk rate and the conflicting technical signals. However, yesterday’s trading session witnessed attempts by oil prices to compensate for the previous losses, recording a high of 82.35. Technically, by looking at the 240-minute chart, we find the stochastic around the …

A downward trend dominated the movements of the Euro-dollar pair during the previous trading session within the expected downward track mentioned in the last report, approaching by a few points by the first target 1.0210, to suffice for recording its lowest level at 1.0222. Technically, and with a closer look …