Tag Archives: dollar

The dollar hit a four-month high against the single European currency on Tuesday after strong US jobs data boosted expectations that the Federal Reserve will begin to scale back its massive asset purchase program. Analysts said that the dollar could be supported by higher US bond yields as the likelihood …

The technical outlook is unchanged and the pair’s movements did not change much, maintaining stability above the 1.2500 support level. Technically, we tend to be positive, relying on stability above the psychological support floor of 1.2500, accompanied by the RSI’s attempts to obtain bullish momentum, coinciding with the positive motive …

Oil, Crude, trading

Oil, Crude, trading

Negative moves still dominate the EUR/USD pair for the second consecutive session, within the expected bearish track during the previous analysis, recording its lowest level at 1.1735. Technically speaking, we maintain our negative expectations, relying on the negativity of the stochastic indicator, with the continuation of the negative pressure of …

The US dollar index managed to maintain the rising pace that it started at the end of the last week’s trading following the release of US labor market data during the month of July, which came in a very strong way better than the market expectations and pushed the US …

The Canadian dollar continues to attempt to rise after it succeeded in maintaining the trading level above 1.2500 for several consecutive hours. Technically, we tend to the positivity, but with caution, relying on stability above the 1.2500 psychological barrier support floor, accompanied by the RSI’s attempts to obtain bullish momentum. …

Oil, Crude, trading

Oil, Crude, trading

The single European currency ended its weekly trading on a bearish slope, as the euro continued the descending path that started from the 1.1890 level to record its lowest level at 1.1754. On the technical side today, and with a careful look at the 4-hour chart, we find the simple …