Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Japanese stocks closed higher as corporate results continued to have a positive effect, but gains were limited by fears of a fast-spreading delta strain. The Nikkei index closed up 0.24% at 27,888.15 points, after hitting a mid-July peak of 28,128.61 points earlier. The broader Topix index rose 0.36% to 1936.28 …

Oil, Crude, trading

Negative trading dominates the movements of the pound against the Japanese yen, and the pair still finds it difficult to surpass the rise to the resistance level of 153.00/153.10. On the technical side today, and with a closer look on the chart, we find Stochastic is giving negative signals. From …

The technical outlook is unchanged and the pair’s movements did not change much, maintaining stability above the 1.2500 support level. Technically, we tend to be positive, relying on stability above the psychological support floor of 1.2500, accompanied by the RSI’s attempts to obtain bullish momentum, coinciding with the positive motive …

Oil, Crude, trading

Oil, Crude, trading

Gold prices experienced a strong decline during the previous trading session, exceeding the official station that is required to be touched, located at the price of 1722, to record its lowest level of 1677. Technically, gold prices tried to compensate for the losses within a temporary bullish path, and with …

Negative moves still dominate the EUR/USD pair for the second consecutive session, within the expected bearish track during the previous analysis, recording its lowest level at 1.1735. Technically speaking, we maintain our negative expectations, relying on the negativity of the stochastic indicator, with the continuation of the negative pressure of …

The July reading of the U.S. Consumer Price Index (CPI) is set to be released on Wednesday, with expectations for another surge in the inflation rate. A recent survey by the Wall Street Journal expects that the reading of the CPI will register a monthly increase of 0.5% with core …

The main indices of the New York Stock Exchange (NYSE) finished mostly lower on Monday, amid concerns about the spread of the coronavirus Delta variant, with some countries returning to lockdown and preventive measures, casting shadows on the prospects for a strong global economic rebound. The Dow Jones Industrial Average …