Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The British pound continued to rise against its Japanese counterpart, within the positive outlook, as we expected, touching the target of 158.20, posting a high of 158.20. Today’s technical aspect indicates the possibility of continuing the rise due to building on 157.30 support floor, accompanied by the positive motive for …

The Canadian dollar touched the official target mentioned in the previous analysis, at 1.2310, recording its lowest level in the last session’s trading at 1.2310. Technically, the pair tried to achieve some bullish rebound as a result of taking advantage of the published support 1.2310 to retest 1.2380; we notice …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices achieved the positive outlook as we expected yesterday, to retest the target at 1785, recording its highest level at 1785. On the technical side, the resistance level represented by the target managed to cap the bullish bias, which forced gold to trade with intraday negativity to …

The single European currency provided positive trading within the expected bullish path, approaching a few points from the first official target at 1.1680 to record the highest level of 1.1670. Technically, and by looking at the 60-minute chart, we notice the pair is now hovering around the 1.1640 resistance level, …

U. S. stocks continue to rise despite the below-expected economic data concerning the housing sector, one of the most important economic sectors in the United States. Stocks’ surge is mainly due to the positive earnings reports posted by several companies including Netflix as the latest announced earnings posted on Tuesday. …

Earnings of major banks and companies have tended to decide both the market status and sentiment since mid-October, as dozens of companies either already reported of will report their financial statements next week and through early November.NetflixIn a solid beat, Netflix shares were on the uptrend after the bell on …

Semiconductor stocks have been rallying most of this year and hit new hikes. The pandemic has bolstered demand for chips by leaps and bounds, leading to the worst global shortage in many years.iShares Semiconductor and Vectors Semiconductor have benefited from the crisis and reaped gains of about 4% over the …

U.S. Treasury yields jumped on Tuesday. Today’s session has pushed the 10 year Treasury note back to its highest level since June.The 10-year U.S. Treasury yield rose, surpassing the 1.6% level. The yield on the benchmark note added 5.7 basis points at 1.641% level. Yields on 30-year Treasury bonds also …