Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Japan’s Nikkei rose for a third straight session Monday, October 11, extending recovery from last week’s six-week low, as a sharp drop in the yen boosted exporters while a drop in COVID-19 infections revived hopes of reopening the economy. The index closed up 1.60% to 28,498.20 points, advancing more than …

AstraZeneca Inc said on Monday that its antibody-mixture drug, the first protective dose other than vaccines against Covid-19, has achieved its main goals in last-stage trials by helping reduce severe cases of Covid-19 infection or death

GBP/JPY jumped within the expected bullish context, touching the official target station at 153.20, recording the highest level at 153.75. On the technical side today, we find the positivity continuing to dominate the stochastic, accompanied by the positive motive for the 50-day moving average, which holds the price from below. …

The Canadian dollar declined noticeably within the expected negative outlook last Friday, surpassing the official target station at 1.2500 to record the lowest level of 1.2450. Technically, the intraday trading stability is below the previously broken support level, which is now turned to the 1.2500 resistance level, accompanied by the …

Oil, Crude, trading

Oil, Crude, trading

Gold’s movements witnessed positive trading at the conclusion of the last week’s trading after it received a strong push to the upside as a result of the US dollar’s ​​decline. We indicated during that trading above 1770 is able to thwart the bearish bias and lead gold to achieve gains …

The single European currency achieved some limited gains, taking advantage of the US employment data that came on the lower side, recording limited gains around 1.1586 areas. Technically, and by looking at the chart  240-minute chart, we notice the stochastic losing the bullish momentum, in addition to the pair’s continuing …

The NFP report, Friday, crowned all market related news given its impact on the U. S. Fed’s tapering and consequently its impact on the U. S. economy and currency.The Dow Jones Industrial Average hovered around the flatline but finished a volatile week with its strongest gains since June. Volatility returned …

The Bank of England has warned that rising inflation could trigger a selloff in global financial markets, with a damaging impact on the UK economy.BoE expects inflation will rise above 4% this winter, and will remain elevated until at least the summer of 2022 before gradually falling back towards its …