The US dollar fell on Friday for the fourth session in a row, hitting its lowest level in more than two months, as investors took the view that most of the recent tightening tendency from the US central bank was already factored in. On Friday, the dollar index fell 0.2 …
Read More »The Canadian Dollar Touches The Desired Goal 14/1/2022
Negative trading dominated the movements of the Canadian dollar as we expected, touching the required goal for the bearish technical structure mentioned in the previous analysis at 1.2465, recording its lowest price at 1.2453. Technically, the current moves are witnessing attempts to rebound to the upside as it closed yesterday’s …
Read More »The Pound is Stable Above Support 14/1/2022
Oil, Crude, trading
Read More »Oil Faces Conflicting Technical Signals 14/1/2022
Oil, Crude, trading
Read More »The Euro Extends Its Gains 14/1/2022
The single European currency continued to achieve gains against the US dollar within the expected upward trend during the last analysis, heading towards touching the goal of 1.1480, recording the highest level at 1.1481. Technically, the pair is now hovering around the highest level during the session, accompanied by the …
Read More »Dow Jones is Trying to Get Rid of The Negativity 13/1/2022
Oil, Crude, trading
Read More »The Canadian Dollar Continues to Retreat 13/1/2022
Negative trading dominated the movements of the Canadian dollar as we expected to touch the required target for the bearish technical structure mentioned in the previous analysis at 1.2500, recording its lowest price during the early trading of the current session 1.2495. Technically, The negative pressure of the 50-day moving …
Read More »The Pound Continues to Rise Against The Dollar 13/1/2022
Oil, Crude, trading
Read More »Oil Continues to Move Within The Upside Wave 13/1/2022
Oil, Crude, trading
Read More »Euro Breaks Through The Resistance 13/1/2022
Within the bullish context published during the previous analysis, the single European currency managed to achieve noticeable gains against the US dollar. Therefore, we relied on confirming the breach of 1.1380, targeting 1.1360, on recording the euro’s highest level at 1.1455. On the technical side today, and with careful consideration …
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