Tag Archives: dollar

The single European currency continues its quiet negative crawling to start negativity by pressure on the psychological barrier support level at 1.1700. On the technical side, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the 50-day simple moving average and the …

The technical outlook is unchanged, and the Canadian dollar did not witness any change, maintaining the temporary negative stability below the 1.2720 resistance level. Technically, by looking at the 240-minute chart, we notice the price stability below 1.2720, the previously broken support and transformed into a resistance level represented by …

Oil, Crude, trading

Oil, Crude, trading

Sideways trading dominates the euro against the US dollar for several consecutive sessions, above the psychological support level of 1.1700 and below the resistance of 1.1750. On the technical side today, and by looking at the 4-hour chart, we notice the negative pressure coming from the 50-day simple moving average, …

The Canadian dollar declined noticeably yesterday, nullifying the positive outlook as we expected, in which we relied on the price stability above the 1.2700 level, touching the stop losses order published during the last report at 1.2720; we indicated that if 1.2720 is broken, this can thwart the bullish scenario …

Oil, Crude, trading

Oil, Crude, trading

The euro made positive attempts to rise against the US dollar. However, there are still limited attempts to hit the strong resistance level that was published throughout all reports this week at 1.1750, which was able to limit the bullish bias. Technically speaking, and by looking at the 240-minute chart, …

The US dollar retreated Thursday, September 23rd from its highest level in a month, which is reached after the US Federal Reserve paved the way for raising interest rates next year, and improving sentiment in global markets encouraged dealers to sell the dollar. The Fed also signaled a tendency to …