Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Oil prices closed on Tuesday, February 16, near their highest levels in 13 months, supported by a very cold wave in the southern United States that closed oil wells and refineries in Texas. Prices have been on an upward path for months as crude producers restrict supplies and swiftly distribute …

Gold prices fell by as much as 1.7% on Tuesday, February 16th, to their lowest level in more than a week with the rise in US Treasury bond yields, while platinum fell in volatile trading after a rally that brought it to its highest level in six and a half …

Bitcoin has achieved record gains in a series of continuous gains over the past weeks, breaching the psychological barrier of 50,000, recording the highest price at 50,414. Technically, we tend to be positive, but cautiously depending on the positive signals of the 50-day moving average. The bullish scenario requires confirming …

Negative trading has regained control of the German DAX index after achieving strong gains over several consecutive sessions, to witness the stability of the current move below the previously broken support-into-resistance 14,070. With a closer look at the 60-minute chart, we find the RSI is stable below the midline of …

Positive trades dominated the movements of the Dow Jones Industrial Average during the previous trading session, approaching a few points difference at the published target 31,690, posting a high of 31,360. On the technical side, the current movements of the index are witnessing stability below the 31,550 resistance level, as …

Mixed trades dominated the pound’s movements against its Japanese counterpart, but moves tended to be negative after the pair found a resistance level around 147.50. On the technical side, we tend to be negative, relying on the loss of the bullish momentum stochastic on short time frames. We aim to …

The Canadian dollar succeeded in establishing a solid support floor around the support level published during the previous analysis at 1.2610, to return to stability above the resistance level of 1.2670. Technically speaking, and with a look at the chart, we find the 50-day moving average that supports the bullish …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal suffered heavy losses during the previous trading session, after it succeeded in breaking the pivotal support level indicated during the previous analysis, 1810, indicating that trading below 1810 makes the bearish tendency impose its control again to target 1801 and losses may extend later towards 1792, to …