Tag Archives: dollar

Oil, Crude, trading

The Canadian dollar declined significantly, touching the required target for the second consecutive session at 1.2300, recording its lowest level during the Asian session’s trading of 1.2288 for the current session. Technically, despite the official bearish trend accompanied by the continuation of negative pressure from the simple moving averages, we …

Oil, Crude, trading

Oil, Crude, trading

As we expected, the euro retested the support at 1.1600, resuming the bullish rebound approaching the desired target at 1.1680, recording the highest level at 1.1670. Technically, by looking at the chart, we notice the continuation of the bullish technical structure shown on the 4-hour chart, in addition to the …

The dollar settled in early European trade on Wednesday, after an improvement in risk appetite around the world pushed up risky currencies and sent the yen to a four-year low against the dollar overnight. Most of the European stock indices rose, and the yield on US Treasury bonds for ten …

The Canadian dollar touched the official target mentioned in the previous analysis, at 1.2310, recording its lowest level in the last session’s trading at 1.2310. Technically, the pair tried to achieve some bullish rebound as a result of taking advantage of the published support 1.2310 to retest 1.2380; we notice …

Oil, Crude, trading

Oil, Crude, trading

The single European currency provided positive trading within the expected bullish path, approaching a few points from the first official target at 1.1680 to record the highest level of 1.1670. Technically, and by looking at the 60-minute chart, we notice the pair is now hovering around the 1.1640 resistance level, …