Oil, Crude, trading
Read More »Oil Making Good Gains, And Eyes on OPEC Meeting
Oil, Crude, trading
Read More »The Euro Continues to Achieve Bearishly Targets
EUR/USD trading within the expected bearish path during the previous analysis, touching the first awaited target at 1.1840, recording its lowest level during the morning session at 1.1844. On the technical side, the pair succeeded in breaking the 1.1880 level represented by the 61.80% Fibonacci correction, which is now turned …
Read More »The Dollar Near Its Latest Peak as US Wage Data Awaits
The dollar is set to record its best monthly gain since March on Wednesday, June 30, supported by traders’ concerns ahead of hard-to-predict US jobs data and concern that the delta strain of the Coronavirus will delay the recovery from the pandemic. The dollar gained about 2.5% against a basket …
Read More »Canadian Dollar: Touches The Bullish Correction
The Canadian dollar was able to breach the resistance level published during the previous analysis, located at the price of 1.2330, which you mentioned that its breach is a catalyst that enhances the chances of rising to complete the bullish correction with the aim of 1.2410, recording its highest level …
Read More »The Pound Confirms the Break
Oil, Crude, trading
Read More »Crude Oil Rebounds After Touching Support And Eyes Are on Stocks
Oil, Crude, trading
Read More »The Euro is Hovering Around Support And Confirming the Break Extends The losses
The euro maintains a gradual bearish tendency against the US dollar due to trading stability below the strong resistance level located at 1.1975, to start pressing on the 1.1880 support level. On the technical side today, and with a careful look at the 240-minute chart, we find the simple moving …
Read More »Dollar Hovers Below Two-Month High Ahead of USJobs Report
The dollar rose on Tuesday, June 29, approaching a two-month high against major currencies, with many traders largely reluctant to bet before an important US jobs report could change the timing of the Federal Reserve’s halt to stimulus programs. The dollar index, which tracks the dollar’s movement against six major …
Read More »Dow Jones Retests Support
Oil, Crude, trading
Read More »