Quiet trading dominated the movements of the euro against the US dollar during the previous trading session, within a limited upward bias, touching the first target to be achieved at 1.1760, recording the highest level at 1.1765. Technically, and with careful consideration of the 60-minute chart, we find that the …
Read More »The Pound Maintains Its Gains Against The Dollar Despite Selling Pressures
The British pound maintained its gains against the US dollar and the euro, although it fell slightly in early trading on Tuesday. It maintained its gains that exceeded 1% during Monday’s trading, in conjunction with the recovery of risk appetite in global markets and the recovery witnessed in stock markets …
Read More »The Canadian Touches The Targets of The Bearish Correction
The Canadian dollar succeeded in touching the bearish corrective target that is required to be touched during the last analysis, located at 1.2720, recording its lowest level at 1.2642. Technically, the stability of trading below the previously broken support level, which is now 1.2720 resistance level, supports the continuation of …
Read More »The British Pound Trying to Break Through The Resistance
Oil, Crude, trading
Read More »Crude Oil: Selling Pressure Continues
Oil, Crude, trading
Read More »Euro: Euro Trying to Recover And The Positivity Needs Confirmation
The single European currency benefited from the support level published in the previous analysis at 1.1665, explaining that breaking this level is a condition to continue resuming the rise and forced the pair to rebound the limited upside to retest 1.1700. On the technical side today, despite the current bullish …
Read More »The US Dollar Declining After Recording The Largest Weekly Rise
The US dollar fell against its rivals on Monday in a bout of profit-taking after posting its largest weekly rise in more than two months last week, supported by concerns about the global growth outlook, and the main source of investor concerns is the global importance of the Coronavirus delta …
Read More »The Canadian Continues to Make Gains
The Canadian dollar jumped, maintaining the series of gains that it achieved recently, as we expected, touching our official target for the previous report at 1.2930, to record the highest level at 1.2950. Technically, the pair found a strong resistance level around 1.2950, which forced it to retreat to retest …
Read More »The British Pound Settled Below Support
Oil, Crude, trading
Read More »Crude Oil And Selling Pressure Continues
Oil, Crude, trading
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