Tag Archives: dollar

Oil, Crude, trading

Mixed trading dominated the movements of the euro against the US dollar at the end of last week’s trading, within a bearish tendency, recording its lowest level near the pivotal support level 1.2100. Technically, the pair bounced today, benefiting from the mentioned support level, within the context of retesting the …

The Canadian dollar was able to build on the pivotal support floor located at the price of 1.2030 to return to trading within the suggested bullish corrective slope during the previous analysis, in which we relied on breaching 1.2070, touching the first target of 1.2100, heading to visit the second …

Oil, Crude, trading

Oil, Crude, trading

The single European currency declined noticeably against the US dollar within the expected bearish path during the previous analysis, in which we relied on confirming the breach of the 1.2170 level, continuing the gradual decline to the downside, recording the lowest level at 1.2112. Technically speaking, and with the pair’s …

The dollar rose today as traders awaited a batch of US economic data that may determine the direction at the central bank meetings later this month. Investors are betting that the dollar will fall as the world recovers from the Covid-19 pandemic, but they have recently become concerned about whether …

Trades tended to the positive within the expected bullish corrective tendency during the previous session, approaching by a few points from the required target 1.2100, to record the highest at 1.2093. Technically, the pair found a strong resistance level represented by our target, which forced the pair to trade negatively …

Oil, Crude, trading

Oil, Crude, trading