Tag Archives: dollar

Oil, Crude, trading

Oil, Crude, trading

Trades tended to the positive within the context of the retest that is required to be achieved on short intervals at 1.1975 so that the euro was satisfied with recording its highest level at 1.1952. Technically, and by looking at the chart, the 50-day moving average is still pressuring the …

The US dollar paused for breath on Tuesday, as traders awaited testimony by Federal Reserve Chairman Jerome Powell for more guidance on the recent sudden shift in central bank policy expectations. The dollar has made significant gains since the Federal Reserve indicated last week to raise interest rates earlier than …

The Canadian dollar traded with the first trading of this week within a slight bearish slope, after several consecutive sessions of corrective ascent. From the point of view of technical analysis today, and with careful consideration of the stochastic indicator, we find that the indicator is clearly trading around oversold …

Oil, Crude, trading

Oil, Crude, trading

Positive attempts by the euro against the US dollar, but still limited positivity, within the euro’s attempts to restore the bullish path temporarily, benefiting from the consolidation at the 1.1880 support level. Technically, and by looking at the 60-minute chart, we find the 50-day moving average trying to push the …

The dollar held on to last week’s gains on Monday after the Federal Reserve surprisingly appeared to be leaning toward monetary tightening, while Bitcoin tumbled as China stepped up its crackdown on cryptocurrency mining. The dollar index was little changed after jumping 1.9% last week – the largest increase since …

A noticeable bullish push for the Canadian dollar achieved strong gains within the bullish corrective slope, as we expected during the previous analysis, touching the required official target of 1.2465, recording the highest price at 1.3481. Technically, the bullish trend is still a valid scenario, with the pair’s success in …