Oil, Crude, trading
Read More »Euro Attacks Resistance
Quiet trading dominated the movements of the euro against the US dollar within a bullish path, heading to retest the official target published during the last analysis at the price of 1.2170. Technically, and with a closer look at the 60-minute chart, we find the RSI stable above the 50 …
Read More »Dollar Drops After Fed Eases US Inflationary Tension
The US dollar fell against other major currencies on Friday, May 14th as risk appetite recovered in various markets, after Fed officials this week helped ease tension over the acceleration of inflation in the United States. The dollar, which is considered a safe haven in times of market volatility, fell …
Read More »The Canadian Dollar Holds on to The Bullish Corrective Bias
The Canadian dollar was able to achieve the official target of the bullish corrective tendency mentioned in the previous analysis, located at 1.2170, to hit its highest level during the last session’s trading at 1.2203. Technically, we tend to be positive, relying on the price to base itself above the …
Read More »The Pound Settled Below Resistance
Oil, Crude, trading
Read More »Crude Oil Breaks Support
Oil, Crude, trading
Read More »Euro Successfully Retested Support
Negative trading dominated the movements of the euro against the US dollar during the previous trading session, recording its lowest level at 1.2051. Technically speaking, we see that the euro has returned to stability again above the strong support located at 1.2065 represented by the 38.20% Fibonacci correction as shown …
Read More »Canadian Struggling For a Bullish Correction
The Canadian dollar was able to trade positive, but still, limited positivity, touching the target of the first retest published during the previous analysis at the price of 1.2120, recording its highest level 1.2120. Technically, we still believe that there is a possibility to complete the bullish corrective tendency, relying …
Read More »Pound Settled Above Support
Oil, Crude, trading
Read More »Crude Oil Trying to Gain Additional Momentum
Oil, Crude, trading
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