Tag Archives: dollar

Mixed trades dominated the movements of the Canadian dollar during the last session’s trading to succeed in retesting the resistance level required to be touched during the previous analysis at 1.2895, recording its highest level at 1.2895. Technically, the 50-day simple moving average started to pressure the price from above, …

Oil, Crude, trading

The support levels published during the previous report at 1.0460, managed to limit the bearish bias, as the euro successfully retested the mentioned level, trying to maintain stability above the resistance level of the psychological barrier of 1.0500. Technically today, and by carefully looking at the 240-minutes, we notice the …

The dollar rose on Wednesday, a day after it suffered its biggest loss in more than two months after US Federal Reserve Chairman Jerome Powell emphasized tighter monetary policy as the US central bank sought to contain rising inflation. Powell pledged that the central bank would raise interest rates as …

Oil, Crude, trading

Oil, Crude, trading

Quiet trading dominated the movements of the Canadian dollar, tending to the negative after it temporarily failed to maintain stability above the 1.2880 support level, approaching the target that is required to be visited around 1.2775, recording its lowest level at 1.2795. Technically, there are cohesion attempts above the psychological …

Oil, Crude, trading

The movements of the euro witnessed a noticeable increase during the previous trading session, with increasing bets that the European Central would raise interest rates and the decline of the US dollar, reaching its highest level at 1.0563. Technically, we find the euro succeeded in breaching the 1.0460 resistance level, …

European shares rose on Tuesday and were set to extend their gains for the third consecutive session, supported by hopes of continued demand from China as authorities look to ease COVID-19 restrictions. The Stoxx 600 index rose 0.7 percent by 0710 GMT, with gains for all major sub-sectors, led by …