Noor Trends News, Technical Analysis, Educational Tools and Recommendations

European stocks rose on Tuesday as investors hoped that US inflation data due for release later in the day would allow the Federal Reserve to slow the pace of interest rate hikes. The pan-European Stoxx 600 index was up 0.1 percent by 0812 GMT. Technology stocks led the index, rising …

Data showed on Tuesday that Turkish industrial production increased 2.5 percent year-on-year in October, much larger than expected, continuing its year-on-year growth for the 28th month. Data from the Turkish Statistical Institute showed that industrial output also rose 2.4 percent from September on a seasonally adjusted basis.

Japan’s Nikkei rose on Tuesday, briefly crossing the 28,000-point mark for the second time this month, as investors prepare for US inflation data and the Federal Reserve’s monetary policy decision. The Nikkei closed up 0.4 percent at 27954.85, after reaching its highest level since December 1st at 28116.56, but then …

Oil, Crude, trading

Trading tended to be positive during the previous trading session, but within a narrow range between 1.3620 and 1.3680. Technically, we tend to be positive, but with caution, relying on the positive impulse coming from the 50-day simple moving average, stimulated by the clear positive signs on the RSI. Activating …

Oil, Crude, trading

US crude oil futures prices jumped to achieve the required intraday rise during the previous analysis within retesting 72.50, to reverse the expected bearish trend yesterday, recording a high of 74.20 during the early trading of the current session. On the technical side today, the simple moving averages are still …

Trading tended to be negative within a narrow path that dominated gold’s movements with the beginning of this week’s trading. As a reminder, we preferred to monitor the price behavior, explaining that we are waiting for a direction confirmation signal. Technically, and by looking at the 240-minute chart, we notice …

Narrow sideways movements dominated the performance of the EUR/USD pair. As a reminder, we preferred to monitor the pair’s price behavior during the previous report due to conflicting technical signals, explaining that we are waiting for the pending orders to be activated until we get a stronger trend. Technically, we …

In an interview on Dubai TV, Monday, Mohamed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, commented on the most important developments in global financial markets on the first day of trading during this week, most notably the Federal Reserve’s …