Tag Archives: dollar

Oil, Crude, trading

The Euro hit the strong resistance level located at 1.1975, unable to breach it yet, which forced the pair to trade negatively and settle below it. On the technical side, we tend to the negativity, relying on the stability of trading below 1.1975 located at the 50.0% Fibonacci correction, as …

The dollar retracted in Asia Friday, June 25 as a deal on infrastructure spending in the US boosted appetite for riskier currencies, but the cautious mood ahead of key US inflation data kept losses to a minimum. The risk-sensitive Australian and New Zealand dollars rose slightly, while the euro gained …

Oil, Crude, trading

Positive attempts dominated the Canadian dollar’s movements during yesterday’s trading session, within the bullish context, as we expected, recording its highest level at 1.2340. Technically, the Canadian starts with a slight bullish bias, trying to retest the previously broken support, which is now turned to the 1.2330 resistance level, 50.0% …

Oil, Crude, trading

Oil, Crude, trading

The technical outlook is unchanged and the pair’s movements have not changed significantly, maintaining the negative stability. Technically, we are inclined towards negativity in our trading, relying on the negative pressure coming from the 50-day moving average, in addition to the clear negative signs on the stochastic indicator. From here …

Despite the relative decline that Bitcoin, the largest digital currency, is witnessing in these moments of trading today, Thursday, speculators for a return to the rise above the $30,000 levels are steadfast, and have so far succeeded in supporting prices. Despite the panic that dominated the markets due to the …

Oil, Crude, trading