Tag Archives: dollar

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 …

The US dollar plummeted on Tuesday amid the better performance of global equities which closed in the green territory on the back of positive risk appetite Wall Street posted considerable gains, adding the most in the final hours of trading. On the other hand, US Treasury yields edged lower with …

European stocks rose on Tuesday, supported by a rebound in commodities stocks after falling in the previous session, as investors searched for mixed signals from European Central Bank policymakers over their stance on interest rates. The pan-European Stoxx 600 index rose 0.2 percent, nearing its highest level in more than …

Japanese stocks closed higher on Tuesday as the yen’s decline against the dollar boosted expectations of better performance by local manufacturing companies. Still, caution ahead of the Federal Reserve’s monetary policy statement limited gains. The Nikkei index rose 0.61 percent to close at 28,115.74 points, while the broader Topix index …

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 …