Tag Archives: dollar

The US Dollar Index retreated, putting the 103.00 support to the test, dropping back below the important 200-day SMA. On Friday, all eyes will be on January’s nonfarm payrolls, the unemployment rate, factory orders, and the final print of Michigan Consumer Sentiment.Renewed selling pressure in the dollar, combined with more …

US treasuries rallied on Wednesday, owing to slower-than-expected hiring and a surprising loss from New York Community Bancorp, heightening concerns about the sustainability of US regional lenders. New York Community Bancorp wrote down poor bad estate loans, dropping its shares 36% and pushing down regional bank share values across the …

Negative momentum dominated the movements of the Canadian dollar, coming within a few points of the first official target set in the previous report at 1.3380, reaching its lowest level at 1.3397. In today’s technical analysis, a bearish sentiment is favored in our trading outlook, relying on the intraday stability …

japanese-yen

Oil, Crude, trading

Yesterday, positive movements dominated US crude oil futures contracts, aligning with the anticipated bullish context and reaching a peak at $78.11 per barrel. From a technical perspective, the upward momentum faced resistance at the psychological barrier of $78.00, leading to a temporary downward bias. A closer examination reveals that the …

The Euro continues its downtrend against the US Dollar as anticipated in the previous technical report, reaching the initial target at 1.0810 and registering a low at 1.0812. The technical outlook remains consistent. Examining the 4-hour time frame chart, the Euro is presently consolidating below the sub-resistance level of 1.0860, …

Oil, Crude, trading

Oil, Crude, trading

Limited positive attempts dominated the movements of the Canadian dollar temporarily, hitting the resistance level of 1.3535, which succeeded in limiting the upward tendency. From a technical analysis standpoint, today prices are witnessing stability below the psychological barrier resistance level of 1.3500, and with a closer look at the 4-hour …