Quiet trading dominated the moves of the euro against the US dollar during the previous trading session, to find the pair a good support floor around 1.1880 within limited upside attempts to target a re-test of 1.1950. On the technical side today, and with a closer look at the 60-minute …
Read More »Currencies Overview: Dollar Near Its Highest Level in 4 Months And Turkish Lira Falling
The dollar has consolidated near its highest level in 4 months after Turkish President Recep Tayyip Erdogan surprised investors over the weekend by changing the central bank governor, which adopts policies that tend to tighten monetary, which led to turmoil in currency markets globally. The lira fell about 15%, near …
Read More »Canadian Dollar Trying to Maintain a Gradual Rise
The Canadian dollar succeeded in its gradual rise to the upside, approaching a few points difference from the first target required to be achieved at 1.2560, recording a high of 1.2550. Technically, and with a closer look at the interval chart, we find the pair managed to build a base …
Read More »Pound Breaks Support and Negativity in Place
Oil, Crude, trading
Read More »Crude Oil Trying to Recover
Oil, Crude, trading
Read More »Euro Hovering Around Support
Quiet trading tended to be negative, dominating the movements of the euro against the US dollar, heading to touch our first target to be achieved, 1.1885, recording the lowest price of 1.1873. Technically speaking, and with a closer look at the 4-hour chart, we find the euro is based on …
Read More »Canadian Dollar Starts a Bullish Rebound
The Canadian dollar found a solid support floor around the psychological barrier support level of 1.2400, to return to the bullish rebound, recording its highest price at 1.2527. Technically speaking, and with a closer look at the chart, we find the pair managed in breaching the resistance level for the …
Read More »Cable Settled Below Resistance
Oil, Crude, trading
Read More »Oil Suffers Huge Losses And Negativity Persists
Oil, Crude, trading
Read More »Euro Presses Support And Confirmation of The Break, Extends Losses
Negative trading dominated the movements of the euro against the US dollar during the previous trading session, after finding a strong resistance level near 1.1970. Technically speaking today, and by looking at the 4-hour chart, we find the 50-day moving average that supports the idea of a further decline, in …
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