Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Mixed trading tends to be positive, dominating the movements of the pound sterling against the Japanese yen, within attempts to benefit from the 151.00 support level. On the technical side, we are inclined to the positive side, but cautiously, relying on the stability of the intraday trading above the mentioned …

The Canadian dollar is struggling to maintain trading above the 1.2590 support level, which forced it during the last trading session to retest the 1.2635 resistance. Technically, and by looking at the 4-hour chart, we find the 50-day moving average starting to pressure the price from above, accompanied by the …

Oil, Crude, trading

Oil, Crude, trading

The precious metal witnessed negative trading in the previous trading session, after two consecutive sessions of rising to retest 1807. Technically, and by looking at the 240-minute chart, we find the stochastic is trying to provide positive signals and is supported by the positive motive coming from the 50-day moving …

The euro is quietly trading on the positive side against the US dollar within the expected bullish path mentioned in the previous analysis, touching the first target required to be achieved 1.1820. On the technical side today, we tend to the positive, relying on the pair’s continuing positive stimulus from …

It is expected that the upcoming meeting for the Organization of the Petroleum Exporting Countries (OPEC) and its allies will decide on Wednesday to maintain the current output policy, which entails easing production cuts gradually, amid a global recovery from the pandemic. The OPEC+ previously decided to increase production by …

The main indices of the New York Stock Exchange (NYSE) closed mostly higher on Monday, with S&P 500 and the Nasdaq hitting new fresh closing record highs in the first session of the week. Wall Street investors showed an increased appetite for technology stocks. The Dow Jones Industrial Average lost …

Most cryptocurrencies are showing a negative performance on Monday, led by Bitcoin. The world’s largest digital currency in terms of market capitalization is trading down for the day by 3.87% at $46,761.30, extending its losses over the past seven days to 5.3%. Meanwhile, Ethereum and XRP are down by 0.7% …

The U.S. Dollar (USD) was little changed on the first session of the week against major currencies, leveling up for the third consecutive session with a modest rise. The greenback leveled up by about 0.03% against major currencies. Against the Euro (EUR), the USD lost 0.02%, with the EUR/USD pair …