Tag Archives: dollar

Oil, Crude, trading

The single European currency started its first weekly trading within a slight bullish slope within attempts to recover. However, it is still limited, building on the 1.1520 support floor, trying to retest 1.1610/1.1600. Technically, by looking at the chart, we notice the price’s attempts to move above the 50-day moving …

The dollar was broadly flat on Monday and currency markets lacked momentum as investors weighed expectations of price volatility with the extent to which central banks could tolerate inflationary pressures. Last week, the Federal Reserve (the US central bank) stuck to its view that the current high inflation is expected …

Oil, Crude, trading

The resistance levels published during the previous analysis, at 1.2480, were able to limit the bullish correction tendency referred to during the last analysis, touch the target level, and start trading negatively again. From the angle of technical analysis today, stochastic is trading with negativity. The stability of the intraday …

Oil, Crude, trading

Oil, Crude, trading

The euro achieved the expected negative outlook we mentioned in the previous analysis within the gradual negative moving towards the awaited target at 1.1500, recording the lowest price of 1.1513 at the end of last week’s trading. Technically, by looking at the chart, the euro is trying to rebound upwards …

Oil, Crude, trading

The Canadian dollar succeeded in maintaining its gains within the bullish corrective slope mentioned yesterday, touching the first target for the bullish correction at 1.2480, recording the highest price at 1.3477. Technically, the current movements are witnessing stability for the pair above 1.2400, supported by the positive stimulus of the …