Negative trades dominated the euro’s movements against the US dollar, within the expected negative outlook, in which we relied on breaking 1.1820 to record the lowest price at 1.1770. On the technical side today, and looking at the 240-minute chart, we find that the 50-day moving average is still pressing …
Read More »The Dollar is at a 3-Month High Against The Euro
The US dollar rose Wednesday, July 14 to touch a three-month high against the euro and hit a one-week high against the Japanese yen, after rising US inflation spurred bets for a faster monetary tightening than Fed officials have indicated so far. The New Zealand dollar jumped more than 1% …
Read More »Dow Jones May Witness a Temporary Bearish Slope
Oil, Crude, trading
Read More »Canadian Dollar Continues to Achieve Extended Goals Ahead of BoC
Positive trading dominated the movements of the Canadian dollar as we expected, in which we depended on successfully retesting the 1.2410 support level, approaching a few points from the first target of 1.2550, recording a high of 1.2540. Technically, the bullish trend is still the most likely, relying on the …
Read More »GBP: Confirmation of The Breach Extends Losses
Oil, Crude, trading
Read More »Crude Oil Maintains Gains, Eyes on Stocks
Oil, Crude, trading
Read More »The Euro Confirms Support Breach
We adhered to intraday neutrality during the previous analysis, explaining that we are waiting to activate the sell orders, which depend on witnessing a breach of the 1.1820 level, in order to target the 1.1770 areas, so that the euro succeeds in touching the first target, recording the lowest price …
Read More »Dow Jones Maintains Its Gains And Positivity Remains
Oil, Crude, trading
Read More »CAD Retest Support And Positivity Remains
During the last trading session, the Canadian dollar rose, touching the official target station in the previous analysis, located at 1.2520, to record its highest level at 1.2515. Technically, the current moves are witnessing a bearish slope due to the collision with the resistance level of the psychological barrier 1.2500. …
Read More »The British Pound Continues to Recover Against The Dollar
Oil, Crude, trading
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