Tag Archives: dollar

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 …

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 …

Oil, Crude, trading

Oil, Crude, trading

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 …

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 …

Oil, Crude, trading

Oil, Crude, trading

Quiet trading controlled the movements of the euro against the US dollar for the second session in a row, without any change in the technical moves. On the technical side today, and by looking at the 60-minute chart, we find there is a beginning of a decline in momentum, as …

The dollar fell during a quiet Asian session, after weaker than expected inflation data in the United States for January and the Federal Reserve’s repetition of its monetary easing stance, but the US currency compensated for some of its losses with the opening of European markets. Data on Wednesday showed …