Tag Archives: dollar

U.S. crude oil futures experienced significant losses, surpassing the downside targets set in the previous trading session at 72.20, and recording a low of 69.75 during today’s Asian session. Technically, the 4-hour chart indicates that the bearish technical structure remains intact and effective, further reinforced by the ongoing negative pressure …

Calm, slightly negative trading characterized the movements of the euro against the U.S. dollar, remaining within the anticipated bearish trend. As noted yesterday, further decline depends on a break below the 1.1040 level. From a technical perspective, the 4-hour chart shows that the pair has found solid support around 1.1040. …

European stocks showed mixed performance on Tuesday as investors treaded cautiously ahead of a slew of economic data, including the crucial U.S. jobs report due on Friday. While the pan-European STOXX 600 index remained flat, German stocks reached an all-time high, buoyed by easing inflation and positive sentiment surrounding interest …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

U.S. crude oil futures have experienced a significant decline, marking the worst monthly performance since the beginning of the year. Oil prices lost nearly 6.15% during August, reaching a low of approximately $72.90 per barrel yesterday. From a technical standpoint, the 4-hour chart reveals a bearish pattern, suggesting a continued …

The EUR/USD pair experienced a gradual decline in the early trading sessions this month, driven by the U.S. dollar’s attempts to stage a rebound. As a result, the pair has remained generally stable below the psychological resistance level of 1.1100. From a technical perspective, a closer look at the 4-hour …

Persistent contraction: Eurozone manufacturing activity continued to decline in August, according to the latest PMI data.Weak demand: New orders and demand from abroad fell at the fastest rates this year.Price increases: Manufacturers raised their prices for the first time in 16 months, driven by factories in several countries.Inflation easing: Overall …

European shares reached an all-time high on Friday, with the pan-European STOXX 600 index climbing 0.2% to 525.65 points by 0713 GMT. This gain surpassed the previous record of 525.59 points set in June, and the index is on track for a fourth consecutive week of gains. The benchmark is …