Noor Trends News, Technical Analysis, Educational Tools and Recommendations

GBP succeeded in achieving the positive outlook against JPY, as we expected, touching the first target required to be achieved at 154.35, to hit a high of 154.45. Technically, the bullish bias is still valid depending on the positive motive coming from the 50-day moving average, in addition to the …

The technical outlook remains unchanged for the third session in a row, as the pair’s movements have not changed significantly within narrow-range sideways trades that tend to be negative. Technically, trading remains below 1.2090 supports negativity accompanied by negative pressure coming from the simple moving averages, which coincides with the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices continue to achieve gains to achieve all our bullish targets during the current trading week, surpassing the last official target required to be touched during the previous session at 1902, to record its highest level of 1907 during early trading for the current session. Today’s technical vision indicates …

The single European currency continues to advance against the US dollar within the expected bullish context during the previous analysis, approaching by a few points the second official target published during the last report at a price of 1.2275, recording its highest level at 1.2270. On the technical side today, …

The United States Federal Reserve Governor, Lael Brainard, recently voiced her support for a digital dollar. Brainard believes that a central bank-backed cryptocurrency will provide the market with many benefits, especially in terms of providing the under banked with access to financial services, an issue to rising importance following the …

The New York Stock Exchange (NYSE) finished lower on Tuesday, as negative economic data reflected negatively on the risk sentiment among Wall Street investors. In addition, reflation fears and expectations about possible monetary policy changes by the United States Federal Reserve also affected the market. The Dow Jones Industrial Average …

Oil prices continued to rise on Tuesday, but gains were limited due to concerns about a possible rise in global output as media reports point to developments in restoring the Iran nuclear deal. However, markets continue to show optimism about demand recovery during the second half of the year, amid …

Gold prices rose on Tuesday, supported by the decline of the U.S. Dollar (USD) against major currencies, and with stock markets showing a mixed performance. In addition, a slight decline in U.S. consumer confidence provides support for safe haven assets, including the yellow metal. Gold futures for June delivery increased …