Tag Archives: dollar

The EUR/USD hit the strong resistance level published in the last analysis, located at 1.2245, represents one of the most important directional keys, forcing the pair to retreat to re-test the strong support floor of 1.2170. Technically, and with a closer look at the 60-minute chart, we find that the …

The U.S. Dollar (USD) is rising on Friday, supported by positive economic data that showed an expansion in the output of the services and industrial sectors, registering fresh daily highs, after hitting its lowest level in roughly four months. However, the greenback is yet to recover all of its weekly …

The dollar fell to its lowest level in six years against the Canadian dollar and near its lowest level in several months against European currencies on Tuesday, as US Treasury yields stabilized amid renewed expectations that the United States will not raise interest rates soon. Robert Kaplan, head of the …

The strong resistance levels located at 1.2135 managed to stop the bullish correctional tendency of the Canadian dollar, to start returning to the official bearish path again, recording its lowest level at 1.2043. Technically, and with a closer look at the chart, we find the 50-day moving average continues to …

Oil, Crude, trading

Oil, Crude, trading

Quiet trading dominated the movements of the euro against the US dollar within a bullish path, heading to retest the official target published during the last analysis at the price of 1.2170. Technically, and with a closer look at the 60-minute chart, we find the RSI stable above the 50 …

The US dollar fell against other major currencies on Friday, May 14th as risk appetite recovered in various markets, after Fed officials this week helped ease tension over the acceleration of inflation in the United States. The dollar, which is considered a safe haven in times of market volatility, fell …

The Canadian dollar was able to achieve the official target of the bullish corrective tendency mentioned in the previous analysis, located at 1.2170, to hit its highest level during the last session’s trading at 1.2203. Technically, we tend to be positive, relying on the price to base itself above the …

Oil, Crude, trading