Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Japan’s Nikkei index jumped 3 percent on Tuesday in its best session in more than six months, as investors flock to blue-chip and hard-hit growth-related stocks and following Wall Street’s sharp rally at the close in the evening. The Nikkei rose 2.96 percent to 26,992.21 points, supported by broad buying, …

Oil, Crude, trading

The Canadian dollar reversed the expected bullish trend yesterday, in which we relied on the stability of trading above the support level of the psychological barrier 1.3700, and as a reminder that the stability of trading below 1.3700 can thwart the proposed scenario and put the pair under strong negative …

Oil, Crude, trading

Mixed trading dominated the US crude oil futures prices during the previous trading session, under the influence of some statements regarding the expected production cut during the OPEC meeting tomorrow. Technically, the current oil movements are witnessing intraday stability above 82.40 accompanied by the positive motive of the 50-day simple …

Positive trades dominated the movements of gold as we expected, touching the official targets at 1689. as we mentioned, rising above 1689 extends gains towards 1705, recording its highest level at 1702 during the early trading of the current session. Technically, and with a careful look at the 240-minute chart, …

The single European currency managed to retest the support mentioned during the previous analysis at 0.9744, recording the lowest level at 0.9752 within the bullish rebound attempts that are approaching to retest the 0.9850 resistance level. On the technical side today, the pair found a strong resistance level at 0.9850, …

Most economists expect the Reserve Bank of Australia to decide one more big rate hike on Tuesday before shifting to slower moves in the near future. With a majority of Australian mortgages on adjustable rates, policymakers could issue a decision that is weighing inflation control and currency support against a …

The US dollar resumed its decline at the beginning of the week on the first US trading session in October, ending Monday with losses across the board while Government bond yields were sharply lower but moved off their intraday lows ahead of the close.The EUR/USD pair was able to advance …

Natural gas futures retreated on Monday amid weaker market signals; including storage capacity extensions. This has sent November prices as much as 46 cents below Friday’s close. The November Nymex contract ultimately settled Monday at $6.470/MMBtu, down 29.6 cents. Gas prices recovered on Monday, led by large upward swings on …