The dollar was not affected much after US President Donald Trump did not implement his threat to block an aid package for those affected by Covid-19 amid weak trading Monday due to holidays. The pound sterling hovered below its highest level in two and a half years in Asian trading, …
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The British pound extended gains Thursday, December 24, amid expectations that an agreement related to Britain’s exit from the European Union is imminent after a long period of being considered difficult to achieve, which raises hopes that Britain will be able to avoid an economic disruption with the beginning of …
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The euro resumed its rise towards the level of $1.22 and the dollar fell on Wednesday, December 23, as currency dealers did not stop much at US President Donald Trump’s threat not to approve a $ 892 billion aid package linked to Covid-19. Trump said the long-awaited stimulus package should …
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The Canadian dollar found a strong resistance level around 1.2930, which limited the completion of the bullish correction scenario, as the current moves witness a slight bearish slope within attempts to re-test 1.2850. Technically speaking, we will continue maintaining the bullish correction, depending on trading stability above 1.2850, and generally …
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Oil, Crude, trading
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Oil, Crude, trading
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The resistance levels published during the previous analysis, located at 1.2250, managed to limit the bullish bias to force the pair to retreat again, targeting a re-test of the support level represented by our first target of 1.2150, to record a low of 1.2152. Technically speaking, and by looking at …
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The euro and the pound faced pressure against the dollar today, Tuesday, with the outbreak of a new strain of the Coronavirus in Britain, which led to the closure of important trade routes and caused a crisis in supply chains with the close of the deadline for concluding a trade …
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The Canadian dollar showed noticeable gains during the previous trading session, heading for the retest target to be achieved at 1.2940, to record its highest level at 1.2957. Technically speaking and with the pair’s success in surpassing the previous breached resistance level of 1.2770, which has now turned into a …
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Oil, Crude, trading
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