EUR/USD witnessed a bullish bias during the previous trading session, but still a limited bullish, so far the pair has found it difficult to breach the resistance level published in the previous analysis 1.2245, which we explained as one of the conditions for the continuation of the rise. Technically, by …
Read More »The Dollar Catches a Breath After The Growth of US Industrial Production
The dollar clung to its slight gains during Wednesday, June 2, rising from its lowest levels in nearly five months against other major currencies, as the improvement in industrial production in the United States led to continued speculation that the Federal Reserve would return to adopting usual policies quickly. The …
Read More »Canadian Dollar: Rebounds After Touching Goal
The Canadian dollar was able to touch the official target of the current downside wave, which is located at the price of 1.2000, to reach the lowest, during the trading of the previous session 1.2000. From the technical point of view, the Canadian dollar rebounded, as a result of building …
Read More »The Pound Trading Negatively, Stable Below Resistance
Oil, Crude, trading
Read More »Oil Continues to Gain
Oil, Crude, trading
Read More »The Euro is Waiting For a New Signal
The movements of the euro against the US dollar witnessed a bullish bias during the previous trading session, but still a limited bullish, so far the pair has found it difficult to breach the resistance level published during the previous analysis 1.2245, which we explained as one of the conditions …
Read More »Dollar Falls And Yuan Stabilizes After The People’s Bank of China Intervened to Curb Gains
The dollar hovered near a five-month low on Tuesday, June 1 as investors awaited eurozone inflation data and the US manufacturing sector survey, while the yuan stabilized after China’s central bank adopted steps to stem its rally. The dollar index returned to decline from the level of 90 in European …
Read More »Canadian Dollar: Maintains Negative Stability
The technical outlook remains unchanged, and the Canadian dollar’s movements have not changed significantly, preserving the negative stability. The negativity of the stochastic indicator and the beginning of the negative pressure of the 50-day moving average supports the possibility of a decline. Therefore, we are targeting 1.2030, and we should …
Read More »The British Pound Starts Attacking The Resistance
Oil, Crude, trading
Read More »Oil Continues to Rise Ahead of The OPEC Meeting
Oil, Crude, trading
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