Tag Archives: dollar

Oil, Crude, trading

The European currency fell yesterday to halt the positive outlook, in which we depended on the pair’s stability above 1.1770, and to remind us that we indicated in the previous report that trading below 1.1770 will negate the bullish trend, and we are witnessing a re-test of 1.1720, recording the …

The dollar rose from its lowest level in three weeks on Tuesday, as traders in the market returned to buying it, especially against the counterpart currencies of higher risk, after it appeared that the Chinese authorities are seeking to curb the gains in the yuan that recorded recently. The Australian …

The technical outlook remains unchanged, with little change in the pair’s movements, maintaining negative bias. Technically, we find that the pair is stable around the support level of 1.3120, with the simple moving averages continuing the negative pressure on prices with features of a bearish technical pattern on the 4-hour …

Oil, Crude, trading

Euro was trading in a narrow sideways range, and its movements against the US dollar did not witness notable change, and the pair maintained the bullish path. The technical outlook remains unchanged, and with a look at 240-minutes chart, we see that the SMA 50 is providing a positive motive …

The dollar settled near a three-week low on Monday amid optimism about the fiscal stimulus in the United States, while the yuan fell after the Chinese central bank changed its policy on currency reserves. The dollar index stabilized after it witnessed the biggest loss in six weeks on Friday, when …

The pair continues to be negative for the third session in a row, after failing to stay above the psychological barrier of 1.3200. Technically, we see that the pair is stable around the support level of 1.3120, as we find the simple moving averages continue their negative pressure on prices …

Oil, Crude, trading

The Euro was trading positively against the US dollar, after it managed to break the 1.1720 resistance level. Technically, the current moves are stabilizing above 1.1800 and with a look at the 240-minute chart, we find that the SMA 50 is showing a positive motive with the RSI trying to …