Tag Archives: dollar

The dollar stabilized against most currencies on Friday after a balanced presidential debate in the United States but is heading towards a weekly loss as investors await stimulus talks in Washington and post-Brexit trade negotiations. US President Donald Trump adopted a more conservative tone compared to what he was in …

The technical outlook remains unchanged, and the pair’s movements have not changed little in attempts to obtain a positive signal. Technically, and by looking at the 60-minute chart, we find the 50-day moving average is trying to push the price to the upside in conjunction with the RSI gaining an …

Oil, Crude, trading

Trading tended to be negative and dominated the euro’s movements against the US dollar within the scenario of retesting the support as it’s close to the published target located at 1.1775, to settle for a low of 1.1685. Technically speaking, looking at 240-minutes chart, we find that the Euro started …

The dollar recovered from its lowest level in seven weeks, receiving some support after hopes for a fiscal stimulus package in the United States before the November elections collapsed. Progress towards a stimulus agreement in the United States was supporting sentiment in global markets and raising demand for riskier assets …

The Canadian dollar witnessed a slight bullish bias yesterday, taking advantage of the 1.3000 support level to retest the 1.3165 resistance level. Technically and by looking at the 60-minute chart, we find the 50-day moving average trying to push the price to the upside in conjunction with the RSI gaining …

Oil, Crude, trading

The single currency traded on a positive note within the bullish path, as we expected, touching the first target 1.1875, reaching the session high at 1.1880. Technically, looking at the 240-minute chart, we see that the simple moving averages continue to hold the price and favor the bullish curve, on …

The dollar fell to its lowest level in the month of Wednesday after US President Donald Trump raised hopes for a major fiscal stimulus package, sparking a wave of optimism in the market that saw traders turn to bet on higher-risk currencies. Negotiations between US lawmakers have continued in Washington …

The Canadian dollar managed to achieve the expected negative outlook for the daily trend, to touch the first target mentioned in the previous analysis at 1.3090. Technically, with the confirmation of the pair breaking the 1.3150 support floor, in addition to the continuing pressure coming from the 50-day moving average. …