Tag Archives: dollar

Oil, Crude, trading

Oil, Crude, trading

The single European currency managed to post good gains last week, building on a support level of 1.1200, which forced it to rebound within a limited upward slope to retest the 1.1330 resistance level. Technically, and by looking at the 4-hour chart, the stochastic is now moving around the overbought …

Oil, Crude, trading

The Canadian dollar successfully retested the 1.2640 support level, which maintained the positive stability of the pair once again to start its daily trading on an upward slope within the attempts to attack the resistance level 1.2730. From the technical analysis point of view, and carefully looking at the 4-hour …

Oil, Crude, trading

Oil, Crude, trading

The negative movements still dominate the euro against the US dollar within a bearish trend towards the price target required to be achieved at 1.1200, recording its lowest level at 1.1186. Technically, the momentum indicator still provides negative signals on the short intervals accompanied by the clear negative pressure on …

Oil, Crude, trading

The Canadian dollar could trade within the bullish correction tendency indicated during the past weeks, recording the highest level at 12745. However, the intraday movements are witnessing temporary adverse movements that hit the resistance level 1.2730 23.60% correction. Technically, and carefully looking at the 4-hour chart, we notice that the …