Narrow sideways movements that tend to be negative dominate the Canadian dollar for the second session in a row. The pair’s movements are above the pivotal support floor 1.2665 and below the strong resistance level 1.2720. Technically, the simple moving averages continue to form a negative obstacle on the pair …
Read More »GBP: Negativity Needs to Confirm The Breach 10/2/2022
Oil, Crude, trading
Read More »Oil Touches The Target of The Bearish Corrective Tendency 10/2/2022
Oil, Crude, trading
Read More »Euro Maintains Positive Atability 10/2/2022
The European single currency maintains positive stability, benefiting from a successful retest of the psychological barrier 1.1400 support level. As a result, the intraday movements are still stable above the mentioned level. On the technical side, the 50-day moving average still holds the price below, supporting the bullish pricing bias. …
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Oil, Crude, trading
Read More »The Canadian Dollar: Monitor Price Behavior 9/2/2022
Sideways movements that tend to be negative tend to dominate the Canadian dollar for the second consecutive session. The pair’s movements are between the support level of 1.2665 and below the strong resistance level of 1.2720. Technically, the simple moving averages continue to form a negative obstacle on the pair …
Read More »The Pound is Stable Above The MA 9/2/2022
Oil, Crude, trading
Read More »Oil Touch The Bearish Target 9/2/2022
Oil, Crude, trading
Read More »The Euro Maintains The Same Technical Conditions 9/2/2022
The European single currency maintains positive stability, benefiting from a successful retest of the psychological barrier 1.1400 support level. As a result, the intraday movements are still stable above the mentioned level. On the technical side, the 50-day moving average still holds the price below, supporting the bullish pricing bias. …
Read More »Euro Faces Difficulty in Staying Above $1.14
The euro fell for the second day in a row on Tuesday after European Central Bank President Christine Lagarde said that there is no need for significant monetary tightening in the eurozone. Bond yields rose, and the euro recorded its highest weekly performance since March 2020 last week, when the …
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