Tag Archives: dollar

An upward trend dominated the euro’s movements against the US dollar yesterday, within the expected positive outlook during the previous analysis, touching the official target station at 1.0050, recording the highest level at 1.0093. Technically, the simple moving averages continue to support the daily bullish curve for prices and the …

Oil, Crude, trading

The Canadian dollar is trading with noticeable negativity after it failed to maintain positive stability above the 1.3655 support level, to witness the current movements of the pair stabilizing around its lowest level during the early trading of the current session, around 1.3595. Technically, we tend in our trading to …

Oil, Crude, trading

Divergent movements still dominate the prices of US crude oil futures contracts amid conflicting data about the energy markets, reaching its highest level during the previous session’s trading of $86.00 per barrel. Technically, the 50-day simple moving average is still an obstacle in front of the price, and the bearish …

Sideways trades tilted to the positive dominated the euro’s movements against the US dollar to break the resistance level of the descending price channel located at 0.9870, recording the highest level at 0.9976. From the angle of technical analysis today and carefully looking at the 4-hour chart, we find the …

Japanese shares closed higher for a third day in a row on Wednesday. Still, gains were limited amid a decline in US futures contracts and with local investors wary of unexpectedly weak business results from technology giants such as Alphabet and Microsoft. The Nikkei rose 0.67 percent and hit more …

European shares fell on Wednesday from their highest levels in a month, and technology stocks led the losses after disappointing results from major companies on Wall Street raised fears of slowing economic growth. The pan-European Stoxx 600 index was down 0.2 percent by 0719 GMT. In the previous session, the …

The British pound rose on Tuesday, boosted by an improvement in risk appetite as Rishi Sunak prepares to take over as Britain’s prime minister. At the same time, the euro stabilized ahead of the European Central Bank’s expected rate hike on Thursday. The dollar rose slightly, but not far from …

European shares gained on Tuesday after a series of better-than-expected earnings reports helped allay fears of rapid interest rate increases and a slowdown in the euro-zone economy. The pan-European STOXX 600 index rose 0.5% by 0717 GMT, with the media and technology sectors compensating for losses in chemical shares. SAP …