The single European currency continued its positive move to the upside within the bullish path published in the previous report, after it succeeded in retesting the 1.1270 support line, recording its highest level during the last session’s trading of 1.1330. On the technical side, reading the chart on the 4-hour …
Read More »Dow Jones Needs Confirmation 2/2/2022
Oil, Crude, trading
Read More »The Canadian Dollar: Trying to Hold on to The Support 2/2/2022
The technical outlook is unchanged, and the movements of the Canadian dollar did not change for the second consecutive session, trying to maintain its trades above the support level of 1.2660. Technically, and by looking at the 4-hour chart, we notice positive attempts that started appearing on stochastic to get …
Read More »British Pound: Positivity Needs Confirmation 2/2/2022
Oil, Crude, trading
Read More »Oil Maintains Gains, Eyes on OPEC 2/2/2022
Oil, Crude, trading
Read More »The Euro May Witness a Gradual Rise to The Upside 2/2/2022
The positive attempts of the euro against the dollar continue within the bullish path published in the previous analysis, to consolidate above the 1.1230 support level, the pair is now hovering around its highest level during the morning session of the current session around 1.1275. Technically, and carefully considering the …
Read More »The USD Continues to Decline And The Australian Dollar Rises
The US dollar extended its decline on Tuesday while risk-sensitive currencies such as the British pound and the Australian dollar rebounded after falling overnight. Global stocks started February higher after falling nearly 5 percent in January, and the currency market changed course as well. After the dollar index reached its …
Read More »The Canadian Dollar: Struggles to Rise 1/2/2022
The technical outlook is unchanged, and the pair’s movements did not change significantly, trying to maintain the bullish bias, benefiting from stability above the 1.2665 support level. Technically, and by looking at the 4-hour chart, we notice positive attempts that started appearing on stochastic to get more bullish momentum, in …
Read More »British Pound: Retests Resistance 1/2/2022
Oil, Crude, trading
Read More »Oil Continues to Maintain Gains 1/2/2022
Oil, Crude, trading
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