Tag Archives: dollar

Sideways trades that tend to the downside continue to dominate the movements of the Canadian dollar, to return to test the strong resistance level located at 1.2600, unable to breach it until now. From the angle of technical analysis today, and with careful consideration on the 4-hour chart, we find …

Oil, Crude, trading

The bearish tendency regained control over the euro’s movements against the US dollar to start its first weekly trading, quietly declining to the downside, stable around its lowest level during the morning trading of the current session, 1.0725. Technically, and by looking at the 4-hour chart, we find the pair …

European shares opened higher on Friday as investors awaited US non-farm payrolls data to place bets on the central bank’s tightening of monetary policy while also bracing for any change in the European Central’s stance at its meeting next week. The pan-European Stoxx 600 index saw broad gains in its …

The dollar fell on Friday as risk appetite increased ahead of US jobs data due later on Friday. Trading witnessed a great calm today, Friday, with the London markets closed due to a public holiday. The dollar index fell 0.1 percent to 101.75 against a basket of other major currencies, …

The euro and the yen rose on Thursday, reversing a wave of recent losses incurred by the two currencies against the dollar, and the Swiss franc reached a one-month high against the euro after inflation in Switzerland climbed to a 14-year high. In Asian trading, the dollar rose to a …

Oil, Crude, trading

Tight sideways trading dominated the Canadian dollar’s movements yesterday, touching the strong support floor at 1.2600 and below the resistance level of 1.2690. Technically and carefully looking at the 60-minute chart, we find that the RSI is trying to gain more bullish momentum; this comes in conjunction with the positivity …

Oil, Crude, trading

The single European currency declined during the previous session’s trading within the expected bearish path during the last analysis, in which we relied on breaking 1.0670, heading towards touching the first required target at 1.0625, recording its lowest level at 1.0627. Technically, and by looking at the 4-hour chart, we …