Oil, Crude, trading
Read More »The Canadian Dollar Facing Retest Scenario
The movements of the Canadian dollar witnessed a bearish tendency during the trading session last Friday, after several consecutive sessions of rising to hit the 1.2500 resistance level. Technically, despite the bearish bias, we believe that it is still limited, as we find the price is still stable above the …
Read More »The Pound Compensates For Its Losses Against The Dollar
Oil, Crude, trading
Read More »Oil Breaks Through The Resistance
Oil, Crude, trading
Read More »The Euro Trying to Recover And Negative Pressure Remains
EURUSD is seeing attempts to rally after it found a good support floor near 1.1780 and despite the rallies, we think it is still limited. Technically, by looking at the 4-hour chart, we find that there is a conflict between the positive motive coming from the 50-day moving average, which …
Read More »The Dollar Index Settled Above 92 Points For The Second Week in a Row
The movement of the US dollar stabilized against other major currencies, during trading at the end of the week on Friday. Thus, the DXY dollar index is trading above 92.00 points for the second week in a row, with the current week ending slightly lower compared to last week. The …
Read More »Dow Jones Incurs Heavy Losses
Oil, Crude, trading
Read More »The Canadian Dollar is Making Noticeable Gains
The Canadian dollar achieved strong gains during the previous trading session within the expected bullish context, touching the first target of 1.2565 and approaching by a few points at the official station 1.2600, to record its highest level at 1.2592. Technically, with stable intraday trading above 1.2500 and in general …
Read More »The Pound Touches Goals
Oil, Crude, trading
Read More »Oil Faces Selling Pressure, And Breaking Support Extends Losses
Oil, Crude, trading
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