Oil, Crude, trading
Read More »Euro Breaks Support And Negativity Remains
The euro declined against the US dollar noticeably at the end of last week’s trading within the expected bearish context, in which we relied on confirming breaking 1.2170, and then 1.2145, heading to touch the first target published during the previous analysis at 1.2110, recording the lowest level at 1.2090. …
Read More »Investors Turn a Blind Eye to Inflation Figures And ECB is Dovish
After a week of anxious waiting, the markets received the high US inflation number they had been dreading, then shrugged it off and moved on, leaving the USD under pressure and most of the major currencies stuck in tight ranges. In early trading in the Asian session, the dollar incurred …
Read More »Canadian Dollar: Tries to Maintain The Bullish Corrective Slope
The technical outlook is unchanged, and the pair’s movements have not changed significantly, within attempts to maintain the bullish correction tendency, setteled above 1.2030 and most importantly 1.2000. Technically, stochastic is still trying to provide positive signals to get additional momentum. Therefore, the bullish bias is likely today, targeting 1.2125, …
Read More »The Pound is Recovering
Oil, Crude, trading
Read More »Oil Continues to Rising
Oil, Crude, trading
Read More »Euro Rebounds and Positivity Needs Confirmation
Mixed trading dominated the euro’s movements against the US dollar during the previous session, to only touch the first target that was required to be achieved during the previous analysis, located at 1.2145, to record the lowest price at 1.2143. Technically, the current moves are witnessing a return to stability …
Read More »Canadian Dollar: Able to Build on The Support Floor And The Bullish Correction is in Place
The Canadian dollar was able to build on the strong support floor mentioned during the technical reports issued over the past week at 1.2060, in addition to establishing a solid support floor around 1.2000, heading to touch the bullish corrective slope target 1.2130. Technically, the pair continues to obtain positive …
Read More »GBP/USD Hovers Around Support And Negativity Needs Confirmation
Oil, Crude, trading
Read More »Crude Oil Facing Temporary Negative Pressure
Oil, Crude, trading
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