Tag Archives: dollar

Oil, Crude, trading

Oil, Crude, trading

The technical outlook is unchanged, maintaining the negative stability against the dollar, witnessing intraday movements stable below 1.1330. On the technical side, the daily moves of the euro against the US dollar are stable below the resistance level of 1.1380. We notice the negative signs that started appearing on the …

The US dollar index, which measures its performance against a basket of six major currencies, declined 16 points during today’s trading, to record 95.87 points, and traded during the day in a range between 95.87 and 96.14 points, thus 0.93% lower than its levels five days ago. The dollar received …

The Canadian dollar was able to touch the support level as we expected during the previous analysis, around the 1.2710 support level, to return to the bullish rebound stable intraday above the psychological barrier of 1.2800. From the technical analysis point of view today, the bullish trend is still valid …

Oil, Crude, trading

Oil, Crude, trading

Limited sideways trading that tended to the negativity dominated the euro’s movements against the US dollar, maintaining the regular bearish context working within the descending price channel. On the technical side, the current moves of the euro against the US dollar are settling below the resistance level of 1.1380, and …

Oil, Crude, trading

The Canadian dollar’s movements witnessed a positive trading session within the expected bullish context, touching the official station required for the current ascending wave 1.2840. Technically, the current moves are witnessing a bearish tendency as a result of hitting 1.2840, in addition to the stochastic entering the overbought areas intraday. …