Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Oil, Crude, trading

The GBP/JPY pair achieved strong gains within the expected bullish path during the previous analysis, bypassing the official station required to be touched during the last analysis at the price of 167.00, recording its highest level during the early trading of today’s session 167.44. Technically, we tend to be positive, …

The Canadian dollar achieved the idea of ​​the bullish bias published during the technical analysis of yesterday’s session, touching the required retest target at 1.2620 and recording its highest level at 1.2620. Technically and with careful consideration on the 60-minute chart, the current movements are witnessing intraday stability above the …

Oil, Crude, trading

Mixed trading dominated gold’s movements during the previous trading session, after attempts to break the pivotal support floor at 1850, but ended its daily trading above the mentioned support level. On the technical side today, and by looking at the 4-hour chart, we notice the attempts of the 50-day SMA …

The technical outlook is unchanged, and the Euro did not change much, maintaining the bearish context against the US dollar, to pressure the strong support level at 1.0670. Technically, and by carefully looking at the 4-hour chart, we find the pair stable below the minor resistance of 1.0730, and we …

Risk aversion has been the one big title for financial markets during the North American trading session. The US dollar slid against major rivals in the last trading session of the day. Lower Treasury yields hindered demand for the dollar because the 10-y note yields 2.97%, after peaking earlier in …

Gold price has exhibited a minor correction after recording a high around $1,856.00 on Tuesday, but strongly stabilized above the crucial resistance of $1,850.00 as the US dollar index slipped sharply. The precious metal has been advancing higher gradually after hitting a low of $1,837.06 and is expected to extend …

Russian bombs destroyed the warehouses of one of the largest terminals for agricultural commodities at Mykolaiv port, authorities said on Tuesday.The attack coincided with Turkey’s attempt to develop a plan, supported by the United Nations, to start grain exports from Ukraine’s ports, and ahead of meetings on Wednesday by the …

A widely anticipated crypto regulation was unveiled on Tuesday. The draft law provides some long awaited clarity for crypto markets and provided definitions for most digital assets as commodities, giving most of the oversight to the Commodity Futures Trading Commission.Known as the Responsible Financial Innovation Act, the draft law was …