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 …
Read More »
Oil, Crude, trading
Read More »
Oil, Crude, trading
Read More »
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 …
Read More »
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 …
Read More »
The dollar recorded its highest level in several months during trading against most major currencies today, Friday, supported by a wave of optimism about better US economic data, the distribution of Corona virus vaccines, and higher Treasury revenues. The euro recovered slightly ahead of German business confidence data due to …
Read More »
The Canadian dollar’s efforts continue to maintain the bullish correction bias after it succeeded in building a base on the support floor of 1.2500. Technically, 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 …
Read More »
Oil, Crude, trading
Read More »
Oil, Crude, trading
Read More »
The European currency showed negative movements during the previous trading session within the expected negative outlook during the previous analysis, touching the first target to be touched at 1.1670, recording the lowest price of 1.1660. Technically speaking, the intraday trading is stable below the previously broken support barrier, which has …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
