Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Mixed trades dominated the movements of the Dow Jones Industrial Average in the New York Stock Exchange with the first trading of this week, to find a good support floor around 34,090, to witness the current moves, an upward slope, targeting a re-test of 34,370. On the technical side today, …

Positive trading dominated the movement of the pound sterling against the Japanese yen during the previous trading session, recording a high of 154.83. Technically speaking today, it indicates the possibility of continuing the rise, depending on trading stability above the support level 154.10 in addition to the positive stimulus coming …

The strong resistance levels located at 1.2135 managed to stop the bullish correctional tendency of the Canadian dollar, to start returning to the official bearish path again, recording its lowest level at 1.2043. Technically, and with a closer look at the chart, we find the 50-day moving average continues to …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices jumped to achieve noticeable gains with the beginning of the first weekly trading, recording its highest level of 1873 during the early trading of the current session. On the technical side today, and by looking at the 4-hour chart, we find the simple moving averages continue …

Quiet trading dominated the movements of the euro against the US dollar within a bullish path, heading to retest the official target published during the last analysis at the price of 1.2170. Technically, and with a closer look at the 60-minute chart, we find the RSI stable above the 50 …

Bitcoin rebounded on Monday, recovering from the lowest level for the cryptocurrency in about three months, after recent steep declines. The largest cryptocurrency in the world in terms of market capitalization was hit hard by the decision of Tesla, owned by billionaire and major supporter of digital currencies Elon Musk, …

Treasury bond yields in the United States stabilized on Monday, as expectations of rising interest rates were cooled down by recent remarks by Federal Reserve officials. This comes following a surge in the return on the long-term debt instrument, which was the largest in nearly two months. Markets are anticipating …

Oil prices rose on Monday, opening the week with a strong performance amid expectations for recovery from the coronavirus pandemic. Recent media reports suggested that the Indian Prime Minister, Narendra Modi, is going forward with a new construction project named the Central Vista Redevelopment Project, which includes establishing new buildings …