Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Positive attempts for GBP/JPY within the bullish corrective path published in the previous analysis, within a gradual ascent towards the target 151.80, only to record the highest 151.45. Technically, and carefully considering the short time frames, we find the 50-day moving average trying to push the price to the upside, …

The Canadian dollar was able to touch the support level as we expected during the previous analysis, around the 1.2710 support level, to return to the bullish rebound stable intraday above the psychological barrier of 1.2800. From the technical analysis point of view today, the bullish trend is still valid …

Oil, Crude, trading

Oil, Crude, trading

The technical outlook is unchanged, and the yellow metal did not witness a significant change within a short-term bearish trend, tilting to the downside, stable below the main resistance 1799, to start today’s session by pressing on the support level 1768.00. The technical aspect today needs careful consideration and trading …

Limited sideways trading that tended to the negativity dominated the euro’s movements against the US dollar, maintaining the regular bearish context working within the descending price channel. On the technical side, the current moves of the euro against the US dollar are settling below the resistance level of 1.1380, and …

US President Joe Biden’s administration will extend requirements for travelers to wear masks on airplanes, trains and buses and at airports and train stations through mid-March to address ongoing COVID-19 risks. A formal announcement extending the requirements through March 18 is expected on Thursday.The news adds to the Omicron-led risk …

Turkey’s President Recep Tayyip Erdogan abruptly replaced the finance minister amid deepening national debate over aggressive interest-rate cuts that have undermined the lira and fueled inflation and price pressures.Lutfi Elvan will exit after less than 12 months in office. The new minister is Nureddin Nebati, according to a decree published …

US President Joe Biden’s administration will extend requirements for travelers to wear masks on airplanes, trains and buses and at airports and train stations through mid-March to address ongoing COVID-19 risks. A formal announcement extending the requirements through March 18 is expected on Thursday.The White House and Transportation Security Administration …

A strong headline PMI reading has masked just how business conditions are currently tougher for manufacturers. Although demand is strong, as reflected by a further solid improvement in new orders, supply chains continue to worsen at a worrying rate.However, the details behind the headline PMI tell a different, but worrying …