Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The German DAX index surged during the previous session, surpassing the official target at 15,910, recording its highest level of 15,948. Technically, the daily trend is bullish due to the stability of intraday trading above the 15,830 support level, accompanied by the positive motive for the 50-day moving average and …

Oil, Crude, trading

The pound declined against the yen within the expected bearish path, touching the first target we mentioned at 154.70, recording the lowest price at 154.65. Technically, we are inclined to the negativity in our trading, depending on the bearish technical figure shown on the chart, in addition to the negative …

The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the bullish corrective context referred to during the previous analysis after it succeeded in building on the support floor of 1.2300, recording the highest price at 1.2414. Technically, we notice the return of the 50-day moving …

Oil, Crude, trading

Oil, Crude, trading

The pivotal resistance at 1799 managed to put selling pressure on gold prices, heading towards touching the first awaited target at 1781, recording its lowest level at 1779. Technically, we notice the continuation of the clear negative pressures on the simple moving averages, and we find the 50-day moving average …

The Euro retested the previously broken support level around the psychological barrier of 1.1600 and could not close above the mentioned level, maintaining the gradual bearish context. Technically, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the 50-day SMA, accompanied by …

The European session was fairly quiet as all eyes turned to the Fed’s after-hours statement. Oil prices fell during oil trading, as Brent crude in future contracts for January delivery lost 1.971% and reached 83.05 dollars a barrel, while the price of US crude reached 81.94 dollars a barrel in …

Global financial markets positively closed the U. S. trading session. U. S. shares surged while currencies fluctated over risk sentiment, with the exception of the U. S. dollar, which uniqely performed. Economic DataThere was hardly any economic data impacting price movements in the US period, but the markets are awaiting …