Tag Archives: dollar

The single European currency found a solid support floor around the main key published in the previous analysis, at 1.1260, Technically, the pair’s movements are witnessing stability above 1.1260, and the simple moving averages returned to hold the price from below, accompanied by some positive signs from the stochastic indicator. …

Oil, Crude, trading

The Canadian dollar provided a positive trading session, retesting the previously broken support-into-resistance, touching our required target of 1.2730, recording the highest level at 1.2723. Technically, we tend to the positivity, relying on the pair’s pivot at the 1.2660 support level, accompanied by the positive motive for the 50-day moving …

Oil, Crude, trading

Oil, Crude, trading

We remained neutral during the previous report due to the conflicting technical signals, clarifying that the price should be monitored below at 1.1260 and above at the main demand point 1.1380. Technically, the current movements of the euro are witnessing stability below 1.1330, the resistance of the descending price channel …

The euro, sterling, and dollar prices stabilized on Thursday on hopes that some COVID-19 vaccines could neutralize the coronavirus mutated Omicron, and analysts say attention is once again focused on monetary policy. Some concerns related to the emergence of the Omicron mutant were eased when BioNTech and Pfizer said three …

Oil, Crude, trading

In a trading session in the red, the Canadian dollar declined in the minor bearish corrective path we mentioned yesterday, touching the required target of 1.2595, recording its lowest level at 1.2600. From the technical analysis point of view today, the pair’s current moves are witnessing a rebound to the …

Oil, Crude, trading