Tag Archives: dollar

Oil, Crude, trading

Oil, Crude, trading

In the aftermath of our previous technical report, the Canadian dollar achieved the initial target at 1.3585, reaching its highest point at 1.3594. Today’s technical analysis, focused on the 4-hour time frame chart, reveals momentary negative movements attributed to the looming resistance of the psychological barrier at 1.3600. This level …

japanese-yen

Oil, Crude, trading

US crude oil futures prices incurred significant losses yesterday within the expected negative outlook during the previous technical report, touching the targets to be achieved at 70.70, recording its lowest level at $69.13 per barrel. Technically, by looking at the 240-minute time frame chart, we notice continued negative pressure coming …

The EUR/USD pair is currently exerting downward pressure on a robust support level, as highlighted in the previous technical report, positioned at 1.0760 and characterized by a descending trend. From a technical standpoint, intraday movements today demonstrate a sustained position below the pivotal resistance of the psychological threshold at 1.0800. …

European stocks rose on Wednesday as bets increased that global interest rate hikes had peaked, with the mining sector, a beneficiary of higher metal prices, leading gains while Germany’s DAX index hit a new record high. The European STOXX 600 index rose 0.1 percent by 0809 GMT, while the German …

Oil, Crude, trading

Oil, Crude, trading