Oil, Crude, trading
Read More »Oil Moving in a Bullish Price Channel And Eyes on Inventories
Oil, Crude, trading
Read More »Euro Settled Below Resistance And Negativity Remains
The Euro is still trading calmly within a bearish context, as we expected, after it hit the strong resistance published in the previous analysis, located at 1.2065, which forced it to trade negatively, and gradually approached our target. Technically, we will maintain our negative outlook, relying on the negative pressure …
Read More »Currencies Overview: Dollar Rising as Economic Data And Its Impact on Interest Rates Are Anticipated
The dollar has turned higher in Asian trading, halting a month-long downturn, as investors are working to see if the major US economic recovery may push interest rates higher, as they await upcoming economic data and policy speeches for indicators. The US currency rose 0.2% against the yen, euro and …
Read More »Canadian Dollar: Maintains The Same Technical Conditions
The technical outlook remains unchanged and the pair’s movements have not changed significantly. Technically, we notice the positive attempts of the Canadian dollar to settle above 1.2265, accompanied by the positive crossover signals that began to appear on the stochastic indicator. This makes us think of the possibility of witnessing …
Read More »Pound Returns Gains Against USDollar
Oil, Crude, trading
Read More »Crude Oil Starts Positively
Oil, Crude, trading
Read More »Euro Retesting Resistance And Negativity is an Available Scenario
Quiet trading tended to be negative, dominating the euro’s movements against the US dollar in a gradual decline to the downside, reaching its lowest level during the previous session’s trading at 1.2010. Technically speaking today, we see the euro trying to build a base on the support floor of the …
Read More »Dollar Holds onto Its Gains as Investors Await US Data, Hoping For Indications on Policy
Today, Monday, the dollar clung to its recent rally, as investors were cautious at the start of a week full of central bank meetings and important US economic data to elicit indications of global inflation outlook and the reactions of policymakers. Trading was limited due to a holiday in both …
Read More »Canadian Dollar: Trying to Build on Support And We Might Witness a Temporary Bullish Tendency
After several consecutive sessions of the expected decline of the Canadian dollar, touching the official target station of the current descending wave at 1.2280, to record the lowest price at 1.2264. Technically, we notice the positive attempts of the Canadian dollar to settle above 1.2265, accompanied by the positive crossover …
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