Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

Gold prices are currently showing positive momentum as they attempt to breach the recent peak of $2758 per ounce. Technical Analysis: Analyzing the 4-hour chart, gold has started forming lower peaks, suggesting a potential continuation of a downward correction. The Stochastic indicator is also providing negative signals, indicating a possibility …

The EUR/USD pair has been trading sideways, attempting to hold above the support level of 1.0760. However, positive movement has been limited, with the pair struggling to rise above the main resistance at 1.0850. Technical Analysis: On the 240-minute chart, the 50-day simple moving average indicates potential for further decline, …

US Dollar Holds Steady Amidst Economic Data and Election SpeculationThe US Dollar Index (DXY) traded in a narrow range near the 104.30 level on Tuesday, as investors balanced expectations for key economic data releases with growing speculation ahead of the November 5 US election.Key Economic DataA series of important US …

US Dollar Pauses as Profit-Taking Sets In, Key Economic Data AwaitedThe US Dollar Index (DXY) retreated on Monday after a recent rally, as investors took profits ahead of a pivotal week for economic data releases. While the US economy continues to show signs of strength, concerns about potential interest rate …

Ford Motor Company reported its third-quarter 2024 earnings on Monday, showcasing a mixed bag of results. While the traditional automotive business delivered strong performance, the company’s electric vehicle (EV) division, Model e, continues to be a significant financial burden.Despite increased EV sales, Ford’s investment in electric vehicles has led to …

Japanese stocks climbed on Monday as the yen plummeted to a three-month low. The shock result of Sunday’s parliamentary election, where Prime Minister Shigeru Ishiba’s coalition lost its majority, has injected uncertainty into Japan’s political and economic landscape.The ruling Liberal Democratic Party (LDP) and its junior partner Komeito secured 215 …

The upcoming October jobs report is poised to significantly influence the trajectory of the U.S. economy and financial markets. A robust employment figure could potentially delay the Federal Reserve’s plans to ease monetary policy through interest rate cuts. Such a development would ripple through various sectors, with small-cap stocks, particularly …