Tag Archives: dollar

The Canadian dollar retests the support published during the previous analysis at 1.2910, recording its lowest level at 1.2893 before returning to the bullish path. Technically and carefully looking at the 4-hour chart, we notice the rapid bullish bounce that occurred with the stability of trading above 1.2910 accompanied by …

Oil, Crude, trading

The single European currency maintains negative stability against the US dollar, hitting its lowest level during last week’s trading at around 1.0350. Technically, by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the simple moving averages, which still constitute a hindrance to the …

European shares rose in early trading on Friday to settle at the end of a volatile week dominated by concerns about sharp inflation and tightening monetary policy. The pan-European STOXX 600 index rose 0.7% by 0710 GMT, with banking, oil, gas and technology shares leading the morning gains. Trading in …

The Canadian dollar jumped, continuing to the upside within the expected bullish context, surpassing the first target that is required to be touched during the previous analysis at 1.3060, recording the highest at 1.3076. Technically, and with careful consideration of the 4-hour chart, we find the resistance level of 1.3060 …

Oil, Crude, trading

During the previous trading session, the euro incurred strong losses against the US dollar to complete the bearish directional movement that the pair confirmed by breaking the mentioned low during all reports this week at 1.0500, heading towards the official target station at 1.0400, recording its lowest level at 1.0353. …

European shares fell on Thursday, pulled down by steep losses on Wall Street overnight, after US inflation data fueled concerns about the impact of higher interest rates on economic growth. The pan-European Stoxx 600 index fell 1.7 percent, losing many of the gains it made in the middle of the …

Oil, Crude, trading

Oil, Crude, trading