Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The current movement of Bitcoin is witnessing a slight bullish tendency after it found a good support floor around 48,820, which is stable around its highest level during the current trading session at 50,080. On the technical side, today we tend to be positive but with caution, relying on stochastic …

The Dow Jones index started its daily trading with a bullish tendency, after several successive sessions of retreating to record its lowest level during the previous trading session 33,201. On the technical side, the index movements are witnessing a bullish tendency, benefiting from building a base on the support level …

The Canadian dollar was able to achieve the official target of the bullish corrective tendency mentioned in the previous analysis, located at 1.2170, to hit its highest level during the last session’s trading at 1.2203. Technically, we tend to be positive, relying on the price to base itself above the …

Oil, Crude, trading

Oil, Crude, trading

Gold prices were able to touch the expected official target we mentioned in the previous analysis, located at 1807, recording its lowest level at 1808. Technically, and with a closer look at the 4-hour chart, we find the stochastic indicator began to gradually lose the bullish momentum, in addition to …

Negative trading dominated the movements of the euro against the US dollar during the previous trading session, recording its lowest level at 1.2051. Technically speaking, we see that the euro has returned to stability again above the strong support located at 1.2065 represented by the 38.20% Fibonacci correction as shown …

India recorded 343144 new cases of coronavirus during the past twenty-four hours, on Wednesday 14th May, bringing the total number of cases to more than 24 million, at a time when four thousand new deaths resulting from Covid-19 were recorded. Data from the Ministry of Health indicated that India recorded …

Bitcoin fell more than 13% to trade at the $49,000 level after Elonmask announced that Tesla had stopped selling cars using the Bitcoin. CEO Elon Musk said in a tweet that Tesla has Accepting bitcoin in buying cars, fearing an increase in the use of fossil fuels in coin mining. …

Oil prices fell on Friday, May 14, after losing about 3% in the previous session, as cases of Coronavirus cases remained high in India, a major consumer of crude, and with the resumption of work of a major pipeline in the United States after being closed due to a cyberattack. …