Negative trading continues to control the Canadian dollar’s movements within the expected bearish path, touching the first target to be achieved yesterday at 1.2635 and approaching a few points difference from the second official target of 1.2600, recording the lowest price during the Asian session for the current session at …
Read More »Pound Continues to Outperform US Dollar
Oil, Crude, trading
Read More »Oil Needs Momentum to Rise
Oil, Crude, trading
Read More »The Euro is on the ًay to Upside
The technical outlook is as it is, and the moves of the euro against the US dollar were not significantly changed in quiet trading that tended to be positive amid the US market holiday yesterday. In terms of technical analysis, the Euro found a good support floor around 1.2080. With …
Read More »US Dollar Near Its Lowest Level in Two Weeks on Concerns About The Pace of The US Recovery
The dollar began the week sitting near a two-week low on Monday (February 15th), as traders doubt whether the recovery from the pandemic in the United States will be as fast as expected. Bitcoin is still volatile, as it fell to the low of $45,914.75, a day after reaching a …
Read More »Canadian Dollar: Faces Negative Pressure
The Canadian dollar reversed the suggested upward correction during the previous analysis, after it hit the first goal of 1.2750, recording a high of 1.2763. Technically speaking, with the pair’s failure to breach the resistance level at 1.2750, in addition to the intraday stability below 1.2710 accompanied by the loss …
Read More »GBP Exploits Weakness of Dollar Achieving Strong Gains
Oil, Crude, trading
Read More »Oil Attacking $60 Barrier
Oil, Crude, trading
Read More »Euro Renews upside Chances
Positive trading returned to dominate the euro’s movements against the US dollar after the bearish tendency it witnessed during last week’s moves. Technically speaking, we see the Euro found a good support floor around 1.2080, and the current moves are witnessing an intraday stability above 1.2100. With a closer look …
Read More »Canadian Dollar: Built on Support
The Canadian dollar succeeded in touching the first target to be achieved during the previous report, located at 1.2675, to record its lowest price during the previous trading session of 1.2660. From a technical view, the pair found a good support floor represented by our previous target, to start its …
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