Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Negative trading dominated the movements of the Canadian dollar at the end of the week’s trading, recording its lowest level around 1.2588 after it failed to maintain trading above the 1.2670 level. Technically, we find that the 14-day momentum indicator is trying to provide positive signals accompanied by the stability …

Oil, Crude, trading

The current moves of gold are witnessing a bearish slope, but it is still limited, as the recent moves settle below the minor resistance level at 1936. Technically, and by looking at the chart with a 240-minute chart, we notice the price stability below the 50-day moving average, which continues …

The EUR/USD ended its weekly trading below the psychological resistance level of 1.1100, which forced it to trade within the general bearish trend again. On the technical side today, looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the 50-day simple moving average, which …

There have been a lot of moving events during the past week, most notably the monetary policy decisions of the Fed and the Bank of England. Those decisions, which reflected a clear shift in the direction of monetary policy, led to a change in the price movement. The US Federal …

The US dollar index bounced back on Friday from recent declines following comments from Federal Reserve officials on interest rates that supported the currency, while the dollar was at a fresh six-year high against the yen and the euro eased.St. Louis Federal Reserve President James Bullard called for a dramatic …

Natural gas futures reversed lower on Friday as analysts mulled updated inventory data and as overnight weather modeling dialed back the extent of lingering late-winter cold. After brushing up against the $5/MMBtu mark Thursday, the April Nymex contract was down 8.1 cents to $4.909/MMBtu earlier trading, and further retreated at …

AUD/JPY’s soaring showed no sign of easing on Friday, with the pair surging to four-year highs above 88.00. That marks a fourth successive day of gains during which time AUD/JPY has rallied over 4.0%. AUD/JPY’s stratospheric rise showed no sign of easing on the final trading of the week, with …

Tesla shares were trading 3.49% higher at $902.05 (Tesla, Inc.’s TSLA +3.88%) late during Friday’s session on the back of a Thursday tweet by CEO Elon Musk seems to be helping the company’s stock. All the tweet said is “working on Master Plan Part 3,” but people who follow the …

The Canadian dollar touches its strongest since 3 March at 1.2596. The Canadian dollar was little changed against its US counterpart on Friday, with the currency holding near a two-week high as oil prices rose and domestic retail sales data pointed to consumer spending remaining strong at the start of …