The dollar stabilized on Thursday and the Japanese yen held on to earlier gains after a Russian news report of mortar fire in eastern Ukraine rocked markets and boosted appetite for safe-haven assets. Russia-backed rebels accused Ukrainian forces of bombing lands they control in violation of agreements aimed at ending …
Read More »Dow Jones Could See a Downward Slope 17/2/2022
Oil, Crude, trading
Read More »CAD: Possibility of an Upward Slope 17/2/2022
The support levels published during the previous analysis, at 1.2665, managed to limit the bearish bias that occurred during the middle of the last session’s trading, which contributed to pushing the price higher above the 1.2700 level. Technically, by looking at the 4-hour chart, we notice the positive crossover signs …
Read More »The Pound Hits Resistance And Losing Momentum 17/2/2022
Oil, Crude, trading
Read More »Oil is Trying to Consolidate 17/2/2022
Oil, Crude, trading
Read More »The Euro is Testing Resistance And Finding difficulty to Break Through 17/2/2022
The Euro retested the critical resistance mentioned in the previous report at 1.1380, explaining that it represents one of the most critical directional keys for the current trading levels, which forced the pair to trade negatively around 1.1345, the lowest level during the early trading of the current session. Technically, …
Read More »The Dollar is Falling For a Second Day as Investor Concerns About The Situation in Ukraine Recede
The dollar fell on Wednesday for the second day in a row as investors eased concern about the possibility of Russia’s invasion of Ukraine and awaited the minutes of the Federal Reserve (US Central Bank) meeting for the month of January. Movements were small in the currency markets, and the …
Read More »Dow Jones: Dow Jones May See Bullish Slope 16/2/2022
Oil, Crude, trading
Read More »CAD: Looking For Extra Momentum 16/2/2022
Limited sideways trading tends to the little positivity above the psychological support level of 1.2700 and below the resistance level of 1.2770. Technically, the 50-day SMA is trying to provide a positive motive and the attempts of Stochastic to obtain more bullish momentum. With intraday trading remaining above the breached …
Read More »GBP: Settled Below The Resistance 16/2/2022
Oil, Crude, trading
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