Tag Archives: dollar

Oil, Crude, trading

WTI crude oil experienced mixed trading yesterday, oscillating between gains and losses while approaching the previously identified target of 80.75. The commodity reached an intraday high of $80.60 per barrel before encountering resistance. Technical analysis reveals a shift in momentum. The price failed to sustain above the $80.00 level and …

The EUR/USD pair has breached a critical support level at 1.0810, as previously highlighted in our technical analysis. This breach has triggered a wave of selling pressure, driving the pair down to a new low of 1.0790 in early trading. Examining the 4-hour chart, we observe that the euro has …

European stock markets experienced a decline on Wednesday, driven by escalating bond yields that unnerved investors ahead of crucial inflation data releases. Fears of prolonged monetary tightening added to the market’s apprehension. Early in the trading session, the DAX index in Germany slipped 0.3%, while the CAC 40 in France …

Oil, Crude, trading

WTI Crude Oil Prices Set for Further Gains, but Caution Advised WTI crude oil futures prices are on a clear upward trajectory, having recently surpassed the targeted levels of 79.30 and 79.70 and approaching the key psychological level of 80.50. The commodity reached an intraday high of $80.28 per barrel, …

japanese-yen

Oil, Crude, trading

The euro is experiencing a critical moment in its ongoing dance with the U.S. dollar. After a brief flirtation with the 1.0900 resistance level, the pair has retreated to 1.0845, leaving traders pondering its next move. A closer look at the technical landscape reveals a delicate balance between bullish and …

Oil, Crude, trading