Tag Archives: dollar

The Canadian dollar achieved the first target required to be touched during the previous analysis, at 1.3245, recording its highest level during the morning session of the current session at 1.3255. Technically, the Canadian dollar continues to achieve gains based on the positive motive coming from the simple moving averages …

Oil, Crude, trading

Divergent movements dominated the prices of US crude oil futures yesterday, after it failed to confirm the breach of the pivotal supply area published during the previous analysis at 89.10, explaining that it is an important and basic condition for the continuation of the rise, which forced it to move …

Limited sideways trading dominated the EUR/USD pair’s movements during the previous trading session, to find that the movements were restricted between 0.9960 and 1.0000. From the technical analysis angle, and by looking at the 4-hour chart, we find positive crossover signs that started appearing on the stochastic indicator, in addition …

European shares rose on Thursday, supported by bank shares, after markets showed signs of recovering from a sharp sell-off caused by bets on a major interest rate hike worldwide. The pan-European Stoxx 600 index rose 0.3 percent by 0711 GMT, after falling for two consecutive days. And US inflation data …

Japanese stocks rose at the close on Thursday, with investors buying shares again after a sharp decline in the previous session. Travel-related stocks led the rally, supported by hopes of a recovery in tourism. The Nikkei rose 0.21 percent to 27,875.91 points, recovering from its worst session in three months. …

Oil, Crude, trading

The technical outlook is unchanged, and the movements of the Canadian dollar did not change much, maintaining the positive stability we expected after it confirmed the breach of the 1.3120 resistance level. Technically, and with a careful look at the 4-hour chart, we find the simple moving average has returned …

Oil, Crude, trading

We adhered to intraday neutrality during the previous report for the second consecutive session due to the conflicting technical signals, to witness the movements of US crude oil in a positive trading session, as activating the buying positions requires a breach of 87.10, targeting 88.10 and 89.00 respectively, to record …