Tag Archives: dollar

Oil, Crude, trading

The euro provided calm trading that tended to be positive against the US dollar within the expected bullish path mentioned in the previous analysis, gradually approaching the awaited target of 1.2130, recording its highest level at 1.2117. Technically speaking today, the 50-day moving average is still holding the price from …

The dollar fell to a nearly eight-week low against other major currencies on Monday, amid speculation that US Federal Reserve Chairman Jerome Powell will avoid talks on easing bond purchases at this week’s meeting. The dollar reached 107.71 yen, close to the lowest level since the fourth of March. The …

The Canadian dollar’s ​​attempts -over several sessions in a row- failed to breach the pivotal resistance of 1.2550/1.2560 and settled below the aforementioned level. Technically, and by looking at the 4-hour chart, we find the simple moving averages continue to pressure the price from below, and we find the RSI …

Oil, Crude, trading

Oil, Crude, trading

Positive trades returned to control the euro’s movements against the US dollar, benefiting from the confirmation of the breach of the 1.2060 resistance level, making it clear in the previous analysis that once trading above the aforementioned level, the pair will able to enhance the chances of upside to visit …

We committed to intraday neutrality during the previous analysis due to the conflicting technical signals to witness the Canadian dollar’s trading a sideways context trapped from below above the support level of 1.2470 and from above below the resistance level at 1.2555. Technically, by looking at the 60-minute chart, we …

Oil, Crude, trading

Oil, Crude, trading