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Oil, Crude, trading
Read More »The British Pound Trying to Break Through The Resistance
Crude Oil: Selling Pressure Continues
Oil, Crude, trading
Read More »Euro: Euro Trying to Recover And The Positivity Needs Confirmation
The single European currency benefited from the support level published in the previous analysis at 1.1665, explaining that breaking this level is a condition to continue resuming the rise and forced the pair to rebound the limited upside to retest 1.1700. On the technical side today, despite the current bullish …
Read More »The US Dollar Declining After Recording The Largest Weekly Rise
The US dollar fell against its rivals on Monday in a bout of profit-taking after posting its largest weekly rise in more than two months last week, supported by concerns about the global growth outlook, and the main source of investor concerns is the global importance of the Coronavirus delta …
Read More »The Canadian Continues to Make Gains
The Canadian dollar jumped, maintaining the series of gains that it achieved recently, as we expected, touching our official target for the previous report at 1.2930, to record the highest level at 1.2950. Technically, the pair found a strong resistance level around 1.2950, which forced it to retreat to retest …
Read More »The British Pound Settled Below Support
Oil, Crude, trading
Read More »Crude Oil And Selling Pressure Continues
Oil, Crude, trading
Read More »Euro: Retesting The Resistance
The single European currency benefited from the support level published in the previous analysis at 1.1665, explaining that breaking this level is a condition to continue resuming the rise and forced the pair to rebound the limited upside to retest 1.1700. On the technical side today, despite the current bullish …
Read More »The Dollar Reaches a Peak of 9 And a Half Months, as Traders Seek Safety
The US dollar reached a 9-and-a-half month high against its counterparts on Friday, buoyed by concerns that the mutated delta strain of the Coronavirus may delay global economic recovery as central banks begin to roll back pandemic-era stimulus. While moves in the currency markets were much calmer than on Thursday …
Read More »The Canadian Continues to Make Gains
As we expected, the Canadian dollar consolidated its gains within a strong bullish trend, touching all the targets, reaching the required official station 1.3830, recording its highest level at 1.2865. Technically, we tend in our trading to the positive, relying on the positive stimulus coming from the 50-day moving average, …
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