Tag Archives: dollar

U.S. crude oil futures have staged a strong rebound, aligning with the anticipated positive outlook from the latest technical analysis. A breakout above $67.20 acted as a catalyst, driving prices higher to a peak of $68.45 per barrel. From a technical perspective, the outlook remains cautious with a slight bearish …

The euro continues to exhibit positive stability against the US dollar, aligning with the expected outlook after reaching the official target level of 1.0945 in the latest technical report, recording a high of 1.0954. From a technical perspective, the 4-hour chart indicates that the euro is encountering key resistance between …

Gold concluded the week on a strong upward trajectory, recording significant gains driven by the weakness of the U.S. dollar. This performance was further bolstered by diminished risk appetite in financial markets and reports highlighting a substantial increase in central bank purchases of the precious metal. Several factors contributed to …

Oil, Crude, trading

The USD/CAD pair has been under bearish pressure after encountering strong resistance near 1.4485, leading to a downward bias. A close examination of the 4-hour chart reveals emerging negative signals on the Stochastic indicator, along with price stability below 1.4470, reinforcing the possibility of a bearish continuation. If the bearish …

Oil, Crude, trading

After several consecutive sessions of decline, U.S. crude oil futures have staged a bullish rebound, attempting to hold above the psychological barrier of 67.00. Technical Analysis On the 4-hour chart, we maintain a cautiously positive outlook, supported by the Relative Strength Index (RSI) attempting to gain upward momentum and the …

The EUR/USD pair successfully reached the first target outlined in the previous technical report at 1.0940, recording a high of 1.0945. Technical Analysis Looking at the 4-hour chart, the pair has established strong support at 1.0830, corresponding to the 61.80% Fibonacci retracement level. Additionally, the Stochastic indicator continues to gain …

European stock markets opened higher on Wednesday as investors reacted to the European Union’s decision to impose retaliatory tariffs on U.S. imports worth up to €26 billion. Market sentiment was also boosted by the U.S. decision to resume intelligence sharing and military aid to Ukraine after Kyiv expressed support for …

European stock markets ended Tuesday on a broadly steady note, largely recovering from Monday’s sell-off that had been driven by fears over the potential impact of U.S. President Donald Trump’s tariff plans on the U.S. economy. The pan-European Stoxx 600 remained mostly unchanged after hitting its lowest level in nearly …