Tag Archives: dollar

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 …

The Canadian dollar witnessed random, erratic trading but tended to the positive as the pair stabilized above the 1.2700/1.2720 support level. From the point of view of technical analysis, we are still inclined to the positivity, but cautiously, relying on the stability of trading above the mentioned support and the …

Oil, Crude, trading

Oil, Crude, trading

Mixed trading dominated the euro’s movements against the US dollar. The euro is still facing negative pressure for the fourth consecutive session, unable to breach the strong resistance level published during all the technical reports over the week at 1.1750. Technically, the euro continues its negative crawling to the downside …

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