Tag Archives: dollar

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, clarifying that the bearish trend depends on confirming the break of 1.2700 to target 1.2630. As a result, the pair recorded its lowest price at 1.2630. Technically, the bearish technical structure shown on the 240-minute …

Oil, Crude, trading

Oil, Crude, trading

Positive trading dominated the euro against the US dollar, but it is still limited within a sideways range between the support level of 1.1300 and below the main resistance level of 1.1380. Technically, looking at the 4-hour chart, we notice that the price is moving above the 50-day moving average, …

Oil, Crude, trading

The Canadian dollar declined after it hit the resistance of the psychological barrier 1.2800 and failed to stabilize for a long time above it, return to trading with a clear negative and retest the support level of the psychological barrier 1.2700. Technically, by carefully looking at the 4-hour chart, we …

Oil, Crude, trading

Oil, Crude, trading

Sideways bias dominates the movements of the EURUSD, between 1.1280 and 1.1350, and the negativity remains. Technically, and carefully looking at the 240-minute chart, we notice that the 50-day moving average is still a negative pressure factor on the price, accompanied by the clear negative features on the stochastic indicator. …

The US dollar rebounded to its most recent 14-month high, as the Federal Reserve’s latest meeting minutes reinforced expectations of a US interest rate hike in March. The minutes of the US central bank’s meeting in December revealed that officials discussed reducing the bank’s total holdings and raising interest rates …