Oil, Crude, trading
Read More »Euro Retests Resistance
The euro approached the first target that needs to be touched, at 1.1200, explaining that breaking the 1.1260 support level puts the price under negative pressure, targeting 1.1200, posting a low of 1.1220. Technically, the current moves are witnessing attempts to rise due to the return of stability above the …
Read More »Canadian Dollar Faces Temporary Negative Pressure
The Canadian dollar found a strong resistance level of around 1.2840, which forced it to trade negatively again, and hovers around retesting the strong support level at 1.2730. Technically, and carefully considering the 4-hour chart, we find the pair hovers around 1.2730, represented by the 23.60% Fibonacci correction, and the …
Read More »Pound Retests Resistance
Oil, Crude, trading
Read More »Oil is Making Good Gains
Oil, Crude, trading
Read More »Euro is Testing Support, Looking For Signals
Trading was calm and tended to the negativity within the bearish path after the Euro found a resistance level around the psychological barrier of 1.1300, unable to breach it until now. Technically, by looking at the 4-hour chart, we notice the return of intraday trading stability above the 50-day moving …
Read More »The Dollar is Rising as US Treasury yields Recover Some of Their Losses
The dollar rose slightly on Monday, with US Treasury yields rising from their lowest in two and a half months hit last week, after news that initial observations showed that people with the new mutant of the Coronavirus Omicron had only mild symptoms. News from South Africa’s Omicron helped turn …
Read More »Dow Jones Tends to The Negative
Oil, Crude, trading
Read More »Canadian Dollar Maintains Gains
The Canadian dollar maintained its gains within the expected positive outlook during the last analysis, touching the target to be achieved last Friday at 1.2850, recording its highest level at 1.2854. Technically, still witnessing intraday stability above the psychological barrier of 1.2800, accompanied by positive stimulus from the 50-day moving …
Read More »Sterling Touches The Target
Oil, Crude, trading
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