Tag Archives: dollar

Positive moves regained control of the Canadian dollar after building a solid support floor located at 1.2550 to succeed in retesting the resistance level of 1.2660. Technically, the pair continues to obtain positive stimulus from the simple moving averages that support the bullish price curve, in addition to the RSI …

Oil, Crude, trading

Oil, Crude, trading

Negative trading dominated the euro’s movements against the US dollar during the previous trading session. It failed to breach the pivotal resistance level at 1.1880, which forced it to trade negatively to retest the 1.1845 support level. On the technical side today, we find the euro starting to press on …

The dollar found support on Tuesday, September 7th, as investors awaited the European Central Bank meeting and US data to learn about policy expectations, while the Australian dollar rose briefly after the Reserve Bank of Australia stuck to its plans to reduce bond purchases. The US currency curbed the euro …

The dollar rose in early European trade on Monday, but remained near a one-month low, as Friday’s disappointing jobs report dampened expectations of an early tapering. At 9:04 am GMT, the DXY dollar index, which measures the greenback against a basket of six other currencies, rose 0.15% to 92.25 points, …

The Canadian dollar failed to maintain trading above the strong support level published in the previous report at 1.2580; we made it clear that breaking the mentioned level extends the pair’s losses and puts the price under negative pressure to touch the first descending target of 1.2550, recording the lowest …

Oil, Crude, trading

Oil, Crude, trading

Positive trading dominated the euro’s movements against the US dollar within the expected bullish context during the previous analysis, touching the official target to be achieved at 1.1880, recording the highest level at 1.1884. Technically, the stability of trading above the intraday level above 1.1840/1.1820 supports the continuation of the …