Noor Trends News, Technical Analysis, Educational Tools and Recommendations

US dollar closed this week’s trading with modest gains as it managed to make the best use of optimism around the future of trade between the two largest economies all over the world after USA and China announced an agreement on temporary tariffs cut for 90 days. Dollar gains were …

Gold prices are tumbling, with the precious metal dropping to around $3,180 and heading for a weekly loss exceeding 4%, the steepest since November 2024. Having shed over $300 from its April peak of $3,500, gold is grappling with fading safe-haven demand and intensifying technical selling. The decline reflects a …

Crude oil prices are on track for modest weekly gains, despite facing downward pressure from looming supply increases and technical resistance. Brent oil futures rose slightly to $64.77 per barrel, while West Texas Intermediate (WTI) crude futures edged up to $61.83, reflecting a cautious market balancing optimism from a U.S.-China …

The GBP/USD currency pair slipped below the 1.33 mark, ending the week with a modest loss of over 0.24%, as the U.S. dollar gained strength amid deteriorating consumer sentiment and rising inflation expectations in the United States. With no major economic data released in the UK on Friday, the pound …

The EUR/USD currency pair is facing a notable decline as the U.S. dollar strengthens following the release of preliminary University of Michigan survey data for May, which revealed a rise in U.S. consumer inflation expectations to 7.3% annually, up from 6.5% in April. This uptick bolstered the dollar, pushing the …

U.S. stock index futures edged higher in early Friday trading, stabilizing after a mixed performance on Wall Street, as investors weighed a run of soft economic data that bolstered expectations for interest rate cuts later this year. At 05:35 ET (09:35 GMT), Dow Jones Futures rose 90 points, or 0.2%, …

Gold prices declined in Asian trading on Friday, poised for their steepest weekly drop in over six months, as signs of easing trade tensions between the United States and China dampened investor appetite for safe-haven assets. Spot gold fell 0.8% to $3,214.90 an ounce, while gold futures for June delivery …

Oil, Crude, trading

The Canadian dollar has resumed an upward corrective trend after establishing a solid support base The Canadian dollar met its initial upside target at 1.4000, with the pair registering a session high of 1.4004 during the previous trading session. From a technical perspective, the 1.4000 psychological resistance level has exerted …

Oil, Crude, trading