Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Gold fell Tuesday, June 8 as the dollar rose, while investors cautiously awaited economic data due this week to assess inflation pressures and the US Federal Reserve’s stance on monetary policy. And gold fell in spot trading 0.1% to $ 1896.94 an ounce, while gold settled in futures trading in …

Negative trades dominated the movements of the pound sterling against the Japanese yen, touching the first target published during the previous analysis at 154.50, recording its lowest level at 154.55. On the technical side today, and with careful consideration on the short time frames, we find the RSI trying to …

The technical outlook is unchanged, and the pair’s movements have not changed significantly, maintaining the same technical conditions. From the technical analysis point of view today, and by looking at the 60-minute chart, we are inclined to the positivity, relying on the attempts of the RSI to gain bullish momentum, …

Oil, Crude, trading

Oil, Crude, trading

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that gold is trying to form a support floor around 1880, Noted that the mentioned level represents the key to protecting the bullish trend, to return to the bullish rebound again, targeting the retest …

Mixed trading dominated the movements of the euro against the US dollar during the previous trading session, to witness the current movements of the pair attempts to stabilize above the resistance level of 1.2170. On the technical side today, and by looking at the 240-minute chart, we find the 50-day …

Recent media reports have pointed to growing opposition, within Republicans in the United States Senate, against the recent deal that the G7 summit announced to establish an agreement among major economies on a minimum corporate tax rate. The move comes shortly after the Republican Party came against the proposal of …

Once again, cryptocurrency took center stage in today’s news with the United States government seizing a ransom paid in Bitcoin, which also came under new scrutiny by authorities in the United Kingdom. The U.S. Department of Justice has reportedly recovered $2.3 million worth of cryptocurrency that was paid as a …

The New York Stock Exchange (NYSE) showed a mixed performance on Monday, with high Treasury bond yields and anticipation for the upcoming inflation data dominating the market in the beginning of the week. The Dow Jones Industrial Average closed down by about 126 points, or 0.36%, at 34,630.24 points. The …