Tag Archives: dollar

Oil, Crude, trading

The single currency fell significantly during the previous session, as we expected yesterday to touch the target at 1.1720, posting a low of 1.1717. Technically, looking at the 4-hour chart, we find that the SMA-50 continues to exert negative pressure on the price, while we find that the pair found …

The dollar rose against the euro due to the possibility of imposing general isolation measures that include in France, while the Japanese yen rose to its highest level in more than a month as traders adjusted their positions in preparation for the US presidential elections next week. The dollar fell …

The support levels published in the previous analysis at 1.31 capped the bearish tendency, so that the pair managed in retesting the first target. Technically speaking, the current moves are witnessing a bullish slope with the positivity from Stochastic and the RSI indicator stable above the mid-line for short time …

Oil, Crude, trading

The Euro traded on the negative side against the US dollar, to start pressing the support level published in the previous analysis at 1.1800, noting that trading below the aforementioned support level pushes the pair to continue its decline. Technically speaking, looking at240-minutes chart, we find that the SMA 50 …

The dollar held on to its gains Tuesday, but the rest of the safe-haven currencies witnessed quiet transactions as investors were reluctant to form positions before the US presidential elections scheduled for next week, even as concerns grow about the second wave of Covid-19 and its economic effects. On Monday, …

Positive trading dominated the Canadian yesterday, targeting a re-test of 1.3220 resistance, posting a high of 1.3225. Technically, and looking at the chart, we see that there are some negative signs on the stochastic, in conjunction with the RSI indicator losing its bullish momentum over the short time periods. From …

Oil, Crude, trading

The Euro started the current session with a slight bullish bias, as part of attempts to establish a support floor near the psychological barrier of 1.1800. Technically, looking at the 240-minute chart, we find that the 50-day moving average has returned to hold the price, with stability above the mentioned …