Tag Archives: dollar

U.S. crude oil futures are experiencing volatility, reversing recent gains and opening the session with a bearish gap. At the time of writing, prices have dipped to a session low of $69.29 per barrel. From a technical perspective, the price has settled below the 50-day simple moving average at $70.90, …

The EUR/USD pair remains confined within a narrow sideways range, with a slight bearish bias, after touching a recent low of 1.1296 in the previous session. From a technical standpoint, the 4-hour chart shows the Relative Strength Index (RSI) beginning to ease out of oversold conditions, suggesting a potential shift …

It was a very busy week in financial markets as US president Donald Trump continues escalation of his trade attacks on a large number of states, which ended in a 90-days pause of tariffs enforcement on all countries, excluding China which was targeted by the maximum duties with “immediate” enforcement. …

Oil, Crude, trading

The Canadian dollar has pulled back after a streak of gains, encountering strong resistance at 1.4360. This level prompted a reversal, with the pair declining to a session low near 1.4215. From a technical standpoint, the 4-hour chart highlights notable resistance just below the 50-period simple moving average, alongside clear …

Oil, Crude, trading

U.S. crude oil futures are experiencing volatility, reversing recent gains and opening the session with a bearish gap. At the time of writing, prices have dipped to a session low of $69.29 per barrel. From a technical perspective, the price has settled below the 50-day simple moving average at $70.90, …

The euro made a notable intraday rally against the US dollar in the previous trading session, reaching a peak of 1.0924. From a technical standpoint, the 4-hour chart shows a bullish signal supported by the 50-period simple moving average, which is acting as a positive catalyst. This comes as the …

Eurozone business activity showed signs of modest recovery in March, expanding at its fastest pace in seven months, according to the latest HCOB Composite PMI data. The gradual improvement was driven by an easing in the long-running manufacturing downturn, though slower growth in the services sector acted as a drag …

Oil, Crude, trading