Tag Archives: dollar

Oil, Crude, trading

The movements of the Canadian dollar witnessed a bearish tendency during the last trading session, heading to touch the first target that is required to be touched at 1.2635, to record its lowest level at 1.2630. Technically, we notice that the pair has benefited from the support level represented by …

Oil, Crude, trading

Amid quiet trading, the single European currency maintained its positive stability within the expected bullish path during the previous analysis, with a gradual rise towards the required target of 1.0800, recording the highest during the last session’s trading of 1.0787. Technically, today, the current movements of the pair are witnessing …

The euro extended losses on Tuesday after data showed that inflation in the eurozone hit a record high in May, but expectations that the European Central Bank will raise interest rates soon kept the single European currency on track for its best monthly performance in a year. Inflation in the …

German stocks led European stock markets lower on Tuesday after a bigger-than-expected rise in inflation in Germany, the region’s largest economy, raised fears of tightening measures from central banks. Investors are now awaiting annual inflation data in the eurozone for the month of May, which is expected to be released …

Oil, Crude, trading

Oil, Crude, trading

Negative trading continued to dominate the movements of the Canadian dollar within the expected negative outlook during the last analysis, in which we relied on confirming the pair’s breach of the 1.2770 support level, touching the first target that is required to be touched, 1.2665, recording its lowest level during …

Oil, Crude, trading