Tag Archives: dollar

Oil, Crude, trading

US crude oil futures prices opened their first weekly trading on a bullish price gap, recording a high of $81.65 per barrel. Technically, the price starts pressure on the 50-day simple moving average, in addition to the clear negative features on stochastic on the 4-hour time frame. We tend to …

Positive trades dominate the euro’s movements against the US dollar, trying to build on intraday stability above the support level of 0.9780, recording the highest level at 0.9853 at the end of last week’s trading. Technically, and with a careful look at the chart, an interval of 240 minutes, we …

The euro and the British pound rose to a one-week high on Friday, bolstered by moves from the Bank of England to reassure the markets and indications that the European Central Bank is tightening monetary policy as foreign exchange markets regained some calm at the end of a volatile week. …

European shares rose on Friday on the last day of trading from a turbulent quarter in which stocks were hit hard as investors worried about the impact of monetary policy tightening on economic growth and corporate profits. The pan-European Stoxx 600 index rose 0.8 percent by 0713 GMT, boosted by …

According to official data, Japan’s industrial production grew by 2.7% in August compared to July, marking the third consecutive month of growth. This number clearly exceeded expectations for a 0.2% increase in a Reuters poll. Retail sales jumped 4.1% in August from a year ago, topping Reuters’ forecasts for a …

Most stocks in the Asia-Pacific region fell Friday, September 30, the last day of the third quarter of the year after another sell-off on Wall Street overnight. In Japan, the Nikkei fell by 1.83% and the Topix fell by 1.76%. Hong Kong’s Hang Seng is up 0.29%, while Hang Seng …

European shares tumbled on Thursday, with some companies, including Sweden’s H&M, warning of the repercussions of rising inflation and costs on their activities, negatively affecting sentiment before releasing highly anticipated German inflation data. The pan-European Stoxx 600 index was down 1.7 percent by 0759 GMT after it failed to follow …

The Canadian dollar failed to maintain gains above 1.3800, to return to test the 1.3620 support level, recording its lowest level at 1.3600. Technically, the negativity started to appear on the stochastic indicator, which began to lose the bullish momentum initially, and this comes with the daily trading remaining below …

Oil, Crude, trading