Tag Archives: dollar

Oil, Crude, trading

The Canadian dollar jumped, achieving noticeable gains as expected, coming close by a few points from the required target of 1.2765, recording its highest level at 1.2748. Technically, the pair succeeded in establishing a solid support floor around 1.2665, accompanied by the positive motive of the 50-day SMA and the …

Oil, Crude, trading

Oil, Crude, trading

The euro faced noticeable losses against the US dollar during the previous trading session, within the expected path, touching the first official goal at 1.1160, approaching the second target of 1.1120, recording its lowest level at 1.1130. Technically, and by carefully looking at the 4-hour chart, we notice that the …

The dollar jumped to a multi-week high against major currencies on Thursday, supported by expectations of bigger and faster interest rate hikes in the coming months. During the trading session in London, the dollar index consolidated at its highest level since mid-December, while the euro stumbled around a two-month low …

Oil, Crude, trading

The Canadian dollar built on a solid support floor published during the previous analysis at 1.2565, explaining that the mentioned level can push the pair upwards, targeting 1.2700, to record the highest level during the morning trading session at 1.2715. Technically, we tend to the upside, relying on the breaching …

Oil, Crude, trading

Oil, Crude, trading