Tag Archives: dollar

Narrow range sideways trading tends to be positive, and the Canadian dollar maintains the bullish context within the awaited bullish correctional trend. From a technical analysis, we find that the pair managed to build an intraday above the support level of 1.2580, accompanied by the positive stimulus of the 50-day …

Oil, Crude, trading

Oil, Crude, trading

The single European currency succeeded in touching the target mentioned in the previous analysis, located at the price of 1.1700, to record the lowest price during the morning trading of the current session at 1.1700. Technically speaking and with a closer look at the chart, with regular work inside the …

The dollar rose against major currencies on Tuesday (March 30th) and rose to a one-year high against the yen as the acceleration of COVID-19 vaccinations and plans for massive stimulus packages in the United States fueled inflation expectations and Treasury yields. The safe-haven dollar was generally supported as investors understood …

The technical outlook remains unchanged, and the Canadian dollar’s ​​movements have not witnessed a significant change, maintaining the bullish correction bias. Technically speaking, we are continuing to suggest the bullish trend, relying on the intraday trading stability above 1.2540 the previously breached resistance in addition to the positive motive for …

Oil, Crude, trading

Oil, Crude, trading

The single European currency continues to pressure the pivotal support level aforementioned in the previous analysis at 1.1770, to stabilize the current trading of the pair around the lowest level during early trading for the current session at 1.1660. Technically speaking, and with a closer look at the chart, we …

The dollar started the week strongly, as it moved in a peak direction against the euro on Monday, March 29th, at a time when a tendency of caution in the market pushes investors to safe havens, and the rapid distribution of vaccines adds to the attractiveness of the currency. The …