Oil, Crude, trading
Read More »CAD Building on support and returns to recovery 6/5/2022
The Canadian dollar’s movements witnessed a bullish bounce during the previous trading session, clarifying the importance of the pivotal support floor located at 1.2710, which forced the pair to rally to the upside to visit 1.2860. From the angle of technical analysis today, and with careful consideration of the 4-hour …
Read More »GBP incurred strong losses 6-5-2022
Oil, Crude, trading
Read More »The Euro is temporarily rising 6/5/2022
mixed trading Dominated the movements of the euro against the US dollar, approaching the realization of the idea of the temporary rise referred to during the previous analysis at a price of 1.0640, recording the highest level at 1.0640. From the angle of technical analysis today, and carefully looking at …
Read More »German DAX could see a further rise 5/5/2022
Oil, Crude, trading
Read More »Dow Jones rebounds to the upside 5/5/2022
Oil, Crude, trading
Read More »CAD is under selling pressure 5/5/2022
The Canadian dollar declined noticeably after several days of consecutive ascent after it succeeded in recording its highest levels around the psychological barrier of 1.2900. Technically, we find that the pair failed to stabilize for a long time above 1.2900 and failed to maintain the trading level above 1.2750. With …
Read More »GBP testing support 5-5-2022
Oil, Crude, trading
Read More »The Euro is temporarily rising 5/5/2022
A positive trading session dominated the EUR/USD moves despite the Fed’s 50bp hike in interest rates, the most significant rate hike in 20 years. Technically, we find the euro building on the psychological barrier’s 1.0500 support floor, in addition to breaching the 1.0530 level and by looking closely at the …
Read More »The dollar continues to decline from the highest level in 20 years
On Wednesday, the dollar index continued to retreat from its highest level in 20 years after it had already digested expectations that the Federal Reserve will raise interest rates by half a point later on Wednesday and about 250 basis points by the end of the year. Currency markets are …
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