Tag Archives: dollar

Oil, Crude, trading

Positive trading dominated the euro against the US dollar so that the pair could touch the official target station during the previous analysis at 1.1975, recording a high of 1.1987. Technically, we find the current moves are witnessing stability above the psychological barrier of 1.1900, and we find the 50-day …

The dollar settled near its lowest level in a month on Wednesday as strong demand in a US bond auction led to a broad drop in Treasury yields and curtailed the interest rate advantage that the greenback enjoyed against other major currencies. In early trading in London, the dollar rose …

The Canadian dollar succeeded in touching the first target required to be achieved during the previous analysis, located at 1.3600, recording its highest level during the previous trading session at 1.2630. Technically speaking, the pair hit a strong resistance level at 1.2630, retreating significantly to retest 1.2530. With a closer …

Oil, Crude, trading

Oil, Crude, trading

We committed ourselves to the intraday neutrality during the previous analysis, indicating that we are waiting to confirm the breach of the resistance level of 1.1885, and then 1.1925 to enhance the chances of an advance towards 1.1975, to record the highest level during the previous session at 1.1955. Technically, …

The dollar rose from a nearly three-week low against the major rivals on Tuesday, buoyed by a surge in US Treasury bond yields, as investors awaited closely watched US inflation data, which is scheduled for release later on Tuesday. The dollar had retreated, as did US bond yields this month, …

The technical outlook remains unchanged, and the pair’s movements have not changed significantly, maintaining the upward correctional trend. Technically, and with a closer look at the chart at a 240-minute, we find that the RSI continues to defend the bullish corrective tendency, in addition to the positive crossover signals that …

Oil, Crude, trading