Oil, Crude, trading
Read More »Euro Retesting Support
The Euro succeeded in achieving the expected positive outlook during the previous analysis, in which we relied on confirming the breach of 1.2175, heading for touching our second awaited target of 1.2235, recording its highest level at 1.2242. Technically, and with a closer look at the 60-minute chart, we find …
Read More »Currencies Overview: US Dollar Near Lowest Level in 3 Years
The US dollar sat near its lowest level in three years against riskier currencies on Thursday, February 25th, as signs of a continued easing of monetary policy by the US Federal Reserve sparked trading in assets that are rising thanks to the improvement in the economic cycle. The US currency …
Read More »Canadian Dollar: Retest of Broken Support
Negative trading dominated the Canadian dollar’s movements yesterday within the expected bearish context, touching the first target to be achieved during the previous session at 1.2560, recording its lowest price of 1.2560. Technically speaking, and with a closer look at the 60-minute chart, we find that Stochastic started to provide …
Read More »The Pound Touches The Desired Target
Oil, Crude, trading
Read More »Oil May Witness a Temporary Decline
Oil, Crude, trading
Read More »The Euro is Testing Resistance And Positivity Looking For Confirmation
The single European currency continues to try to rise against the US dollar, recording its highest level during the previous session at 1.1280. Technically speaking, we see the Euro found it difficult to confirm the breach of the 1.2175 resistance level represented by the 23.60% Fibonacci correction as shown on …
Read More »Canadian Dollar: Pressure on Support
Quiet trading, which tends to be negative, dominates the movements of the US dollar against the Canadian dollar, as the pair begins negative pressure on the support level of 1.2590. Technically, with a closer look at the chart, there is negative pressure coming from the 50-day moving average and trading …
Read More »The Pound Continues to Advance
Oil, Crude, trading
Read More »Oil Achieves Strong Gains
Oil, Crude, trading
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