Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The Dow Jones Industrial Average touched the target mentioned in the previous analysis, at 31,170, posting its lowest levels at 31,167. Technically, we tend to be negative in our trades depending on the negative signals coming from the RSI and its stability above the 50 midline, in addition to the …

Negative trading returned to dominate the movements of the British pound against its Japanese counterpart, after finding a strong resistance level near the psychological barrier of 145.00. On the technical side, we tend to be negative in our trading, relying on trading remaining below 144.90, which is accompanied by the …

The Canadian dollar succeeded in touching the first target to be achieved during the previous report, located at 1.2675, to record its lowest price during the previous trading session of 1.2660. From a technical view, the pair found a good support floor represented by our previous target, to start its …

Oil, Crude, trading

Oil, Crude, trading

Gold prices retreated significantly within the expected negative outlook during the previous analysis, in which we relied on confirming the break of the support level of 1837, heading to touch our expected target during the previous analysis at 1820, recording its lowest price during the early trading of the current …

Quiet trading controlled the movements of the euro against the US dollar for the second session in a row, without any change in the technical moves. On the technical side today, and by looking at the 60-minute chart, we find there is a beginning of a decline in momentum, as …

The main indices of the New York Stock Exchange (NYSE) closed mostly higher on Thursday, supported by an improved investors’ sentiment and strong gains by the technology sector, with S&P 500 and Nasdaq closing at new record highs. The Dow Jones Industrial Average declined marginally by 0.02% and closed nearly …

Oil prices declined on Thursday, ending its best rising-streak in about two years, amid concerns about the recovery of the global demand this year. Earlier today, the Organization of the Petroleum Exporting Countries (OPEC) revised down its expectations for the global demand for crude oil to rise by 5.8 million …

The Australian Dollar (AUD) is showing a positive performance on Thursday against the U.S. Dollar (USD), supported by the decline of the greenback. Earlier today, the AUD/USD pair rose to its best level in about three weeks. The pair is currently trading higher for the day by 0.43% at 0.7755. …