Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Oil, Crude, trading

Oil, Crude, trading

We adhered to intraday neutrality during the previous report, explaining that we are waiting for gold prices to exit the transverse range from below above 1774 and from above below 1790, explaining that activating buying positions requires breaching 1790 targeting 1799 first target and then 1808 next station to succeed …

The single European currency benefited from the support level published in the previous analysis at 1.1665, explaining that breaking this level is a condition to continue resuming the rise and forced the pair to rebound the limited upside to retest 1.1700. On the technical side today, despite the current bullish …

The main indices of the New York Stock Exchange (NYSE) finished higher on Monday, with the Nasdaq hitting a new all-time closing high and the S&P 500 nearing its record high. Meanwhile, Wall Street investors seemed more optimistic about efforts to combat the coronavirus pandemic, after the Food and Drug …

The British Pound (GBP) rose on Monday against the U.S. Dollar (USD) recovering some of its recent losses last week. The GBP/USD pair gained 0.70% to reach 1.3722, in its biggest rise in a single session since July 9. The Sterling was able to snap a two-session losing streak, but …

Oil prices closed higher on Monday with their best performance in five months, recovering most of their losses last week, despite lingering concerns over the spread of the Coronavirus Delta variant. Today’s rebound, the highest since March 24, snaps a seven-session declining streak for oil futures, which brought them to …

Gold prices rose for the second straight session on Monday, building on the U.S. Dollar’s (USD) decline across the board against major currencies amid selling pressures following its surge to a nine-month high by the end of last week. Gold’s front-month futures added $22.20, or 1.25%, to finish at $1803.2 …

European stocks continued to rebound for the second consecutive session on Monday, starting the week with a positive performance to recoup some of its recent losses. The STOXX Europe 600 index rose by 3.08 points or 0.66% to finish at 471.88 points. Today marked the biggest daily gain for the …

Dubai TV interview with Mohamed Hashad, R&D Director at Noor Capital Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current situation across global markets, with anticipation for a number of developments over the course of the week. USD The U.S. …