Noor Trends News, Technical Analysis, Educational Tools and Recommendations

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. …

Treasury bond yields in the United States continued to rise for the fourth consecutive session on Wednesday, as a rise in inflation is reducing demand for long-term debt instruments. The benchmark 10-year Treasury bond yield registered its biggest daily increase since March 18, rising by 0.071 to 1.695% Meanwhile, the …

Consumer prices in the United States surged during April, leading to the highest rise in the inflation rate in more than 12 years, data showed on Wednesday. The Consumer Price Index (CPI) increased by 4.2% last month, according to official data by the U.S. Department of Labor. This marked the …

Mixed trades dominated Bitcoin’s prices during the previous trading session, to witness the current movements of Bitcoin, a bullish slope after it found a support level around 54,520. Technically, we tend to be positive, but cautiously depending on trading stability above the aforementioned support, in addition to attempts to stabilize …

The German DAX index declined significantly within the negative outlook expected during the previous analysis, touching the official target of 15,140, to record its lowest level at 15,002. On the technical side today, the bearish bias is likely today, depending on the stability of trading below the resistance level 15,200 …

We committed to the intraday neutrality during the previous analysis due to the high level of risks of trading in the Dow Jones Industrial Average, a bearish tendency, indicating that in the event that 34,490 breaks are confirmed, we may witness a bearish bias targeting 34,410, to record the index …

Narrow range sideways trading dominated the pound’s movement against the Japanese yen, after finding a strong resistance level near the psychological barrier of 154.00. On the technical side, today, we tend to be negative over the coming hours, relying on the gradually losing bullish momentum stochastic. From here, we aim …

The Canadian dollar was able to trade positive, but still, limited positivity, touching the target of the first retest published during the previous analysis at the price of 1.2120, recording its highest level 1.2120. Technically, we still believe that there is a possibility to complete the bullish corrective tendency, relying …

Oil, Crude, trading

Oil, Crude, trading