Tag Archives: dollar

Oil, Crude, trading

The movements of the euro against the US dollar 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 during the previous analysis 1.2245, which we explained as one of the conditions …

The dollar hovered near a five-month low on Tuesday, June 1 as investors awaited eurozone inflation data and the US manufacturing sector survey, while the yuan stabilized after China’s central bank adopted steps to stem its rally. The dollar index returned to decline from the level of 90 in European …

The technical outlook remains unchanged, and the Canadian dollar’s movements have not changed significantly, preserving the negative stability. The negativity of the stochastic indicator and the beginning of the negative pressure of the 50-day moving average supports the possibility of a decline. Therefore, we are targeting 1.2030, and we should …

Oil, Crude, trading

Oil, Crude, trading

The single European currency started its first weekly trading on an upward trend after it succeeded in building a support level at 1.2170, to record its highest level during the early trading of the Asian session at 1.2236. Technically, and with careful consideration of the 4-hour chart, we find the …

The US dollar came under pressure on Monday, heading for losses against the euro and the British pound for the second consecutive month, as traders assess the consequences of higher inflation ahead of monthly jobs data later in the week. The dollar index fell 0.03% to 90.058. On Friday, data …

Sideways trading did not witness a noticeable change for the Canadian dollar within limited attempts to obtain a bullish corrective slope, touching our target of the first correction published in the previous report, 1.2130, to record its highest level at 1.2142. Technically, the negative trades regained control of the pair …

Oil, Crude, trading