Tag Archives: dollar

Positive trading dominated the movements of the Canadian dollar within the completion of the bullish corrective slope that we mentioned in all reports of the week, touching the required target 1.2410, recording its highest level during the previous trading session at 1.2445. Technically, with the pair’s success in confirming the …

Oil, Crude, trading

Oil, Crude, trading

The euro continues to resume the bearish path against the US dollar within a gradual decline to the downside, approaching the official target of 1.1840 by a few points, at the second target 1.1810, posting its lowest level at 1.1835. On the technical side, and with the continuation of the …

The dollar hit a 15-maonth high against the yen and hovered near a multi-month peak against other major peer currencies on Thursday, July 1, ahead of a major US jobs report that could provide clues as to when the Fed will begin to scale back stimulus. The US currency rose …

Oil, Crude, trading

The technical outlook is the same, and the pair’s movements did not change significantly, maintaining the bullish corrective slope as we expected, so that the Canadian could breach the resistance level published during the previous analysis, located at 1.2330. From the angle of technical analysis today, and with careful consideration …

Oil, Crude, trading

Oil, Crude, trading

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 …