Oil, Crude, trading
Read More »Oil Continues to Achieve Gains
Oil, Crude, trading
Read More »Euro Maintains Bearish Trend
Limited sideways trading dominates the euro’s movements for the second session in a row, and it hits the strong resistance level of 1.1850, unable to breach it so far, which forced it to the downside, to put negative pressure on the 1.1800 support level. With a closer look at the …
Read More »Canadian Dollar Waiting For More Gains
The Canadian dollar built on the pivotal support floor published in the previous analysis, at 1.2600, succeeded in stopping the bearish bias and forced the pair to rebound to the upside again to retest the resistance level of 1.2720. Technically, we find the 50-day moving average that returned to hold …
Read More »GBP is Waiting For Pending Orders
Oil, Crude, trading
Read More »Oil Retests Support And Positivity Remains
Oil, Crude, trading
Read More »The Euro Hit The Resistance
For the second session in a row, the euro hits the strong resistance level mentioned in the previous analysis, at 1.1850, unable to breach it so far, which forced it to trade negatively, to start negative pressure on the 1.1800 support level. With a closer look at the 4-hour chart, …
Read More »The Dollar Stabilizes Below The Highest Level in Two And a Half Weeks
The dollar settled below a two-and-a-half-week high on Tuesday, September 14th, hit in the previous session, as investors braced for inflation data that may provide indications of the timing of the US Federal Reserve’s policy tightening at its meeting next week. Ahead of the US central bank’s policy review scheduled …
Read More »Canadian Dollar Faces Negative Pressure
Trading tended to the negative, which dominated the movements of the Canadian dollar during the previous trading session after it found a strong resistance level around 1.2700. Technically and carefully looking at the 240-minute chart, we find signs of negativity starting to appear on the stochastic indicator, in addition to …
Read More »British Pound Trying to Recover
Oil, Crude, trading
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