Tag Archives: dollar

The dollar traded at slightly less than its recent highs, Thursday, February 18th, after it made its first consecutive gains over two weeks, as optimistic data reinforced expectations that the US economy is recovering from the Coronavirus pandemic at a pace that it captured than its peers. Bitcoin traded near …

The Canadian dollar provided positive trades during the previous trading session within the technique of re-testing the resistance indicated during the previous analysis at 1.2740, recording its highest level at 1.2746. Technically, we find the price is stable above the previously breached resistance level, which has now turned to the …

Oil, Crude, trading

Oil, Crude, trading

The Euro managed to achieve the bearish scenario, as we expected and mentioned in the previous analysis, after it confirmed the break of 1.2085, heading directly towards the second official target of 1.2020. Technically speaking, and by looking at the 240-minute chart, we find the pair is stable below the …

The Canadian dollar succeeded in establishing a solid support floor around the support level published during the previous analysis at 1.2610, to return to stability above the resistance level of 1.2670. Technically speaking, and with a look at the chart, we find the 50-day moving average that supports the bullish …

Oil, Crude, trading

Oil, Crude, trading

The single European currency found a strong resistance level around the first retest target to be achieved and mentioned during the previous analysis at 1.2175, to return again within a bearish path, targeting a re-test of the 1.2080 support level. Technically, and with a closer look at the chart, a …

The dollar fell to its lowest level in three weeks today, Tuesday, while the pound sterling reached its highest level in nearly three years and currencies linked to commodities rose, as progress in the anti-Corona virus vaccination campaigns boosted investors’ hopes for a recovery. The atmosphere of optimism and the …