Tag Archives: dollar

The euro continued its strong performance against the US dollar, advancing in line with the previously expected bullish scenario and reaching the official target of 1.1600, with a session high of 1.1614. From a technical standpoint, the upward trend remains intact and favored. This outlook is supported by the euro’s …

Oil, Crude, trading

The Canadian dollar continued its decline against the U.S. dollar within the expected bearish trend, reaching the first target of 1.3650 outlined in the previous technical report, with the pair recording a session low of 1.3648. From a technical standpoint, the 4-hour chart confirms the persistence of downside pressure. The …

Oil, Crude, trading

U.S. crude oil futures posted sharp gains in the previous session, reaching the official target of $66.85 and extending to a session high of $68.98 per barrel. From a technical standpoint, intraday price action showed signs of bearish pressure, largely attributed to profit-taking after the strong rally. This coincides with …

The EUR/USD pair maintained its upward momentum, aligning with the previously anticipated positive outlook. The pair successfully reached the official target of 1.1520, posting a session high of 1.1529. From a technical standpoint, the bullish trend remains intact, supported by price stability above the simple moving averages, which continue to …

Oil, Crude, trading

The technical outlook remains unchanged, with no significant shift in the pair’s behavior. The prevailing downtrend continues to dominate, reflecting persistent bearish sentiment. A closer look at the 4-hour chart shows that the simple moving averages continue to apply downward pressure on price action. This is reinforced by the Relative …

Oil, Crude, trading

U.S. crude oil futures followed the expected bullish trajectory, successfully reaching the first official target at $65.90 and coming within reach of the second target at $66.45, with a session high recorded at $66.24 per barrel. From a technical standpoint, the psychological resistance near $65.00 continues to exert downward pressure …