Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The technical outlook remains unchanged, and the German DAX index did not witness much change, maintaining positive stability. On the technical side, today, we hold onto our positive outlook, relying on trading stability above the previously breached resistance 14,970, and in general above 14,870, in addition to the positive signs …

Mixed trades dominated the movements of the Dow Jones Industrial Average on Wall Street, posting a high during the last session at 33,044. On the technical side, we tend to be positive, relying on the index’s based above the support level of 32,780 and in general above 32,750, in addition …

GBP/JPY managed to achieve the first target required to be touched during the previous analysis at a price of 152.55, and it is close a few points from the second target of 152.90, recording the highest of 152.80. On the technical side, the current trading is witnessing a bearish tendency, …

The support level published during the previous analysis, located at 1.2540, succeeded in limiting the bearish bias that the Canadian dollar witnessed during the previous session, to succeed in retesting the aforementioned support and starting the bullish rebound again. From technical analysis, the RSI indicator provides clear positive signals, in …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices recovered during the previous trading session, nullifying the negative outlook as we expected, in which we depended on the stability of trading below the level of 1691 touching the stop-loss order published in the previous analysis, The return of price stability above 1691, a correction of …

Quiet trading dominated the movements of the euro against the US dollar, in the context of re-testing the resistance indicated in the previous analysis at 1.1750. Technically speaking today, we find the euro stable below the mentioned resistance level, and the 50-day moving average is still an obstacle in front …

U.S. President Joe Biden proposed on Wednesday his plan to renovate American infrastructure with public expenditure exceeding $2.25 trillion, in what he calls “a once in a generation investment.” Following the passing of his $1.9 trillion stimulus package, named the American Rescue Plan, Biden presented the “American Jobs Plan” with …

The New York Stock Exchange (NYSE) finished Wednesday’s trading session with a mixed performance, as the technology sector rebounded. Meanwhile, the main three indices on Wall Street closed March with the fourth consecutive quarterly gains, supported by an improved sentiment towards economic recovery. The Dow Jones Industrial Average lost 85.41 …