Tag Archives: dollar

Oil, Crude, trading

Oil, Crude, trading

Negative trading dominated the movements of the euro against the US dollar during the previous trading session, recording its lowest level at 1.2051. Technically speaking, we see that the euro has returned to stability again above the strong support located at 1.2065 represented by the 38.20% Fibonacci correction as shown …

The Canadian dollar was able to trade positive, but still, limited positivity, touching the target of the first retest published during the previous analysis at the price of 1.2120, recording its highest level 1.2120. Technically, we still believe that there is a possibility to complete the bullish corrective tendency, relying …

Oil, Crude, trading

Oil, Crude, trading

Negative trading dominated the movements of the euro against the US dollar within the bearish corrective tendency mentioned in the previous analysis, targeting 1.2085 to record the lowest level at 1.2120. Technically, and with a closer look at the 60-minute chart, we find the euro is still stable below the …

The dollar stabilized near its lowest level in several months today, Tuesday, as high commodity prices supported the currencies of exporting countries, but caution about US inflation data that may lead to early interest rate hikes prevented the dollar’s ​​decline. The Australian dollar moved at its highest level in two …

We committed to the intraday neutrality during the previous analysis, indicating that the confirmation of a break of 1.2100/1.2090, with a clear breakout confirmation candle, extends the pair’s losses to visit 1.2065, to record its lowest level at 1.2075. Technically, and with a closer look at the 60-minute chart, we …

Oil, Crude, trading