Tag Archives: dollar

Quiet trading tended to be negative, dominating the euro’s movements against the US dollar in a gradual decline to the downside, reaching its lowest level during the previous session’s trading at 1.2010. Technically speaking today, we see the euro trying to build a base on the support floor of the …

Today, Monday, the dollar clung to its recent rally, as investors were cautious at the start of a week full of central bank meetings and important US economic data to elicit indications of global inflation outlook and the reactions of policymakers. Trading was limited due to a holiday in both …

After several consecutive sessions of the expected decline of the Canadian dollar, touching the official target station of the current descending wave at 1.2280, to record the lowest price at 1.2264. Technically, we notice the positive attempts of the Canadian dollar to settle above 1.2265, accompanied by the positive crossover …

Oil, Crude, trading

Oil, Crude, trading

The single European currency fell significantly at the end of last week’s trading touching support mentioned in the previous analysis in which we aimed to re-test 1.2060, indicating that breaking the aforementioned level leads the euro to extend its losses towards 1.2030, to record its lowest level at 1.2015. Technically …

The dollar rose on Friday (April 30th), extending its gains after optimistic data on the income and spending of US consumers and the manufacturing sector in the Midwestern states. However, the dollar index ends April down 2.1, its biggest loss in one month since December. US data next week, including …

The Canadian dollar was able to touch the target to be achieved and mentioned in the previous report, located at 1.2275, recording its lowest level at 1.2275. Technically, and by looking at the 60-minute chart, we find the price is stable below the previously broken support-into-resistance level at 1.2330, accompanied …

Oil, Crude, trading

Oil, Crude, trading