Tag Archives: dollar

Oil, Crude, trading

Positive trading dominated the movements of the Canadian dollar after maintaining positive stability above the strong support floor at 1.2870, touching the required profit-taking order at the target of 1.2960, recording the highest level at 1.2967. Technically, we tend in our trading to the positive, relying on the stability of …

Oil, Crude, trading

US crude oil futures prices jumped to achieve noticeable gains within the previously expected track during the previous report, exceeding the required official target 90.00, recording its highest level during the morning session of 91.00. Technically, by looking at the 4-hour chart, we find the simple moving averages returned to …

A bearish trend dominated the movements of the Euro against the US dollar, as we expected during the technical outlook yesterday, touching the official target station at 1.0100, to record the lowest level at 1.0070 during the early trading of today’s session. Technically, the Euro failed to maintain trading above …

European shares fell in choppy trading on Thursday after a member of the European Central Bank’s board of directors hinted at another big interest rate hike next month even as recession risks intensified, with inflation data for July due later on Thursday awaiting. The pan-European Stoxx 600 index fell 0.1 …

Japanese stocks fell in tandem with their Asian counterparts on Thursday as investors analyzed the Federal Reserve meeting minutes, awaiting an upcoming seminar to assess whether the US central bank will ease its tight monetary policy. The Japanese Nikkei index fell 0.91 percent at the open and hovered at this …

Oil, Crude, trading

We adhered to intraday neutrality during the previous report due to conflicting technical signals, clarifying that we are monitoring the pair’s price behavior from below around 1.2870 and from above around 1.2920. Technically, we find the pair was able to stabilize above the 1.2870 resistance level and is now hovering …

Oil, Crude, trading