Tag Archives: dollar

Positive trading dominated the movements of the Canadian dollar within the expected bullish path mentioned in the previous analysis, exceeding the target that is required to be achieved at 1.2765, recording the highest level at 1.2796. Technically, and by looking at the 4-hour chart, we notice positive attempts that started …

Oil, Crude, trading

Oil, Crude, trading

The single European currency declined during last Friday’s trading, gradually approaching the psychological support level of 1.1100, to record its lowest level around 1.1120. Technically, the euro is challenging to confirm breaking 1.1100, and the current moves are witnessing stability above the mentioned level. Furthermore, by looking at the 60-minute …

The dollar consolidated its gains on Friday and is heading for the largest weekly increase in seven months, as the greenback’s gains against other major currencies are supported by expectations of an interest rate hike. With financial markets factoring in an expected 30 basis point interest rate hike in March …

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 …