Tag Archives: dollar

Oil, Crude, trading

Oil, Crude, trading

The single European currency succeeded in achieving the official target of the current downside wave published during the last analysis, located at the price of 1.1600, to record its lowest level against the US dollar at 1.1562. Technically speaking, the 4-hour chart paints the regularity of the movement inside the …

The US dollar approached one-year highs against major currencies on Thursday amid expectations that the Federal Reserve will gradually scale back stimulus measures from November, while the commodity-linked Australian dollar benefited from higher iron ore prices. The dollar, which is considered a safe haven, made significant gains in the last …

The US dollar reached its highest level this year on Wednesday after rallying as US Treasury yields increased on investor fears that the Federal Reserve could begin withdrawing its policy support at a time when global growth is slowing. The euro fell to $1.1657, its lowest level from November 2020, …

The US dollar advanced for the third day in a row on Tuesday, boosted by a rise in Treasury yields ahead of a large number of Fed speakers this week who may confirm expectations to start reducing asset purchases before the end of the year, and the benchmark US 10-year …

The Canadian dollar returned to the strong resistance located at 1.2670, which forced it to trade negatively again, heading to touch the first target of 1.2600, to record its lowest level at 1.2600 during the early trading of the current session. Technically, with the clear negativity on the stochastic indicator, …

Oil, Crude, trading

Oil, Crude, trading

The single European currency continues its quiet negative crawling to start negativity by pressure on the psychological barrier support level at 1.1700. On the technical side, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the 50-day simple moving average and the …