Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The Canadian dollar found an excellent support floor around the support level posted during the previous analysis at 1.2445, forcing it to retest the previously broken support level and now turn into the 1.2500 resistance level. Technically, and by carefully looking at the chart, we notice that the stochastic indicator …

Oil, Crude, trading

Oil, Crude, trading

The technical outlook is unchanged, and the movements of gold did not change much, maintaining the movements within a sideways range that tends to be negative. On the technical side, we find gold prices are still stable below the pivotal resistance level published during the previous analysis, located at 1768, …

Quiet trading dominated the euro’s movements against the US dollar within the general bearish path, recording its lowest level at 1.1540 and starting today’s session by pressing the mentioned level. Technically, and by looking at the 240-minute chart, we notice the stochastic losing the bullish momentum, in addition to the …

Bitcoin climbed above $57000 on Monday as it continues to dominate institutional capital flows and traders resume push for record highs.The largest cryptocurrency rose for the first time since May extending its two-week rally. It’s up over 30% in October, currently trading at around $57187.Bitcoin’s surge is due to two …

NZD/USD has surrendered the previous session’s gains on Tuesday in the Asian session. The buying pressure in the U. S. dollar keeps NZD/USD unsteady. NZD/USD is trading at 0.6933, down 0.12% for the day, the U. S. Dollar Index (DXY), which measures its performance against its six major rivals, trades …

Companies and businesses, across the U. S. A., encounter staffing shortages. The whole country wonders why these labor deficiencies take place.One reason is that a lot of people have lost jobs Since COVID-19 plagued America, but people also have reset their job related preferences. Changes also impact what people accept …

Crude prices surged as traders expect oil and natural gas production will be limited by a global drive to lower carbon emissions and a mix up secure supplies.U.S. crude rose 1.5% to $80.52 a barrel on Monday, closing above $80 for the first time since 2014 and bringing its climb …

Gold prices have gone back and forth during Monday’s trading session, and continued to hang out above the $1750 level.Investors continue to pay close attention to interest rates in the U. S, as they will have a massive influence on what happens next.A breakdown below the $1750 level could send …