Tag Archives: dollar

The dollar rose in early European trading on Wednesday, but moves were set before the conclusion of a crucial Federal Reserve meeting later in the session. The dollar index, which measures the greenback against a basket of six other currencies, was up 0.1% at 93.255, away from Tuesday’s high of …

Positive trading dominated the movements of the Canadian dollar during the previous trading session within the bullish context, as we expected, approaching by a few points from the published target of 1.2860, recording its highest level at 1.2850. Technically, and by looking at the 4-hour chart, we notice that the …

Oil, Crude, trading

Oil, Crude, trading

The euro maintains negative stability with movements that tended to negativity during the previous session, stable below the resistance level of 1.1740. Technically, and with careful consideration on the 240-minute chart, we find the stochastic started gradually losing the bullish momentum, accompanied by the negative pressure coming from the 50-day …

Mixed trading dominated the Canadian dollar’s movements yesterday, affected by the Canadian elections, Heading to 1.2860, to record the highest at 1.2895. Technically, and by looking at the chart, we find stochastic is trying to get rid of the current negative signs, and we find the price is stable intraday …

Oil, Crude, trading

Oil, Crude, trading

Quiet trading for the euro against the US dollar tended to the downside, trying to settle above our last target at 1.1700, to witness a temporary bullish bias aimed at retesting 1.1740. Technically, and by looking at the 240-minute chart, we find the stochastic started losing the bullish momentum gradually, …

The Canadian dollar achieved substantial gains last week, touching the first target required to be achieved in the previous analysis, which is located at 1.2770, to start its daily movements positively, recording the highest 1.2800. Technically, today, the bullish trend is still valid and effective, relying on the stability of …