Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Gold rose on Wednesday after Russian President Vladimir Putin announced a partial mobilization of the army in a decision that restored the attractiveness of the yellow metal as a safe haven. Still, the strength of the dollar and the expectation of a US interest rate hike limited the gains. And …

The dollar index (DXY00) on Monday fell -0.04%. The dollar also gave up an early advance and fell slightly after stocks recovered from overnight losses and moved higher, which curbed liquidity demand for the dollar. Earlier on Monday, the American currency rose moderately after the 10-year T-note yield climbed to …

Oil prices jumped more than 2 percent on Wednesday after Russian President Vladimir Putin announced a partial military mobilization, escalating the war in Ukraine and raising fears of further oil and gas shortages. Brent crude futures rose $2.28, or 2.5 percent, to $92.90 a barrel by 0707 GMT, after falling …

European shares fell at the open on Wednesday, pressured by Russia’s decision to announce a partial military mobilization, which added to investor concerns about the US central bank’s third interest rate hike later on Wednesday. The pan-European Stoxx 600 index fell 0.3 percent, with most of its sub-sectors declining. The …

Japanese stocks on Wednesday hit their lowest close in more than two months, tracking Wall Street and Asian bourses, as investors awaited monetary policy meetings from the Federal Reserve and the Bank of Japan this week. The Nikkei index closed down 1.36 percent to record 27,313.13 points, the lowest closing …

Oil, Crude, trading

The Canadian dollar continues to achieve successive rises after establishing a solid support floor around the 1.3300 barrier, to enable the pair to confirm the breach of the mentioned level, which turned into a support level. Technically, with the continuation of the positive motive for the simple moving averages that …

Oil, Crude, trading

US crude oil prices failed to achieve the required bullish target during yesterday’s trading session, in which we relied on daily stability above 83.80, touching the stop losses order there, and to remind us that the return of trading stability below 83.80 will immediately stop the attempts to rise. We …

There, gold prices found a strong resistance level at 1680, as we mentioned during the last analysis, which forced gold to return to the downside path within the mentioned context, touching the first target of 1663, recording its lowest level at $1660 per ounce. On the technical side, the simple …