Oil, Crude, trading
Read More »CAD Continues to Establish Support Areas
The technical outlook is unchanged, and the movements of the Canadian dollar did not change, maintaining the positive stability within the bullish corrective path. Technically, and with the pair’s success in intraday stability above 1.2510, in addition to the stability of trading above the previously breached resistance level 1.2480 located …
Read More »The Pound is Trying to Rise
Oil, Crude, trading
Read More »Oil Begins to Pressure Support
Oil, Crude, trading
Read More »The Euro Continues Its Downward Movement
The negative moves continue to dominate the euro against the US dollar within a gradual decline to the downside, heading to 1.1400, recording its lowest price at the end of last week’s trading at 1.1433. Technically, the bearish scenario is still the most preferred, based on the regularity of move …
Read More »Dollar Hits 16-Month High Amid Inflation Concerns
The dollar is set to record its best weekly performance in nearly 5 months against major currencies on Friday, amid bets that the US Federal Reserve will raise interest rates early, after data this week showed the fastest pace of inflation in the United States in 3 decades. The dollar …
Read More »Dow Jones Loses Momentum
Oil, Crude, trading
Read More »The Canadian Continues to Long Positions
The Canadian dollar gathered bullish momentum within the expected bullish corrective path after confirming the breach of 1.2470, heading towards touching the first official target of the bullish correction wave at 1.2580, recording its highest level during the early trading of the current session at 1.2600. Technically, and with the …
Read More »GBP Continues to Decline Against USD
Oil, Crude, trading
Read More »Oil Breaks Support Level
Oil, Crude, trading
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