Tag Archives: dollar

The Canadian dollar found a solid support floor around 1.2600, to start the bullish rebound, trying to surpass 1.2680 resistance. Technically speaking, we tend to be positive, relying on building a base on the aforementioned support floor, in addition to the clear positive signs on the RSI and its stability …

Oil, Crude, trading

Oil, Crude, trading

The euro made positive trades against the US dollar during the previous trading session, recording its highest level at 1.1915. On the technical side today, we find the euro now hovering around a strong resistance level of 1.1880 / 1.1885, trying to stabilize it above, and with a closer look …

The dollar fell from its highest in three and a half months today, Tuesday, as US Treasury yields stabilized, allowing gains for riskier currencies such as the British pound and the Australian and New Zealand dollars. The index measuring the strength of the dollar against a basket of other currencies …

Positive trades are still dominating the Canadian dollar’s ​​movements, maintaining the positive stability above the psychological barrier support level of 1.2600. Technically speaking, and with a closer look at the chart, we find the RSI continues to obtain bullish momentum on short time frames, settling above the 50 midline, in …

Oil, Crude, trading

Oil, Crude, trading

The bearish tendency continues to pressure the euro’s movements against the US dollar within a gradual decline to the downside, touching the first target to be achieved last Friday, 1.1920, to hit a low of 1.1898. On the technical side, today the intraday trading is witnessing stability below the previously …

Trading turned to the positive after the Canadian dollar managed to maintain the intraday trading level above the solid support floor located at 1.2600. In terms of technical analysis, the album we tend to be positive, depending on the stability of trading above the aforementioned support, accompanied by the positive …