Tag Archives: dollar

Oil, Crude, trading

The single European currency declined noticeably against the US dollar within the expected bearish path during the previous analysis, in which we relied on confirming the breach of the 1.2170 level, continuing the gradual decline to the downside, recording the lowest level at 1.2112. Technically speaking, and with the pair’s …

The dollar rose today as traders awaited a batch of US economic data that may determine the direction at the central bank meetings later this month. Investors are betting that the dollar will fall as the world recovers from the Covid-19 pandemic, but they have recently become concerned about whether …

Trades tended to the positive within the expected bullish corrective tendency during the previous session, approaching by a few points from the required target 1.2100, to record the highest at 1.2093. Technically, the pair found a strong resistance level represented by our target, which forced the pair to trade negatively …

Oil, Crude, trading

Oil, Crude, trading

EUR/USD witnessed a bullish bias during the previous trading session, but still a limited bullish, so far the pair has found it difficult to breach the resistance level published in the previous analysis 1.2245, which we explained as one of the conditions for the continuation of the rise. Technically, by …

The dollar clung to its slight gains during Wednesday, June 2, rising from its lowest levels in nearly five months against other major currencies, as the improvement in industrial production in the United States led to continued speculation that the Federal Reserve would return to adopting usual policies quickly. The …

The Canadian dollar was able to touch the official target of the current downside wave, which is located at the price of 1.2000, to reach the lowest, during the trading of the previous session 1.2000. From the technical point of view, the Canadian dollar rebounded, as a result of building …

Oil, Crude, trading