Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Negative trading dominated the Dow Jones Industrial Average in the New York Stock Exchange within the expected bearish path, touching the second target to be achieved in previous analysis at 27795, posting low at 27916. On the technical side, the current movements of the index are witnessing attempts to rise …

The British Pound against the Japanese Yen failed to confirm the breach of the strong resistance level published during the previous analysis, located around 137.65. On the technical side, the current movements of the pair are witnessing a bearish tendency due to the negative pressure of the 50-day moving average, …

The technical outlook remains unchanged, and the pair’s movements have not changed little in attempts to obtain a positive signal. Technically, and by looking at the 60-minute chart, we find the 50-day moving average is trying to push the price to the upside in conjunction with the RSI gaining an …

The pound continues its bearish bias against the US dollar within the expected bearish path during the previous analysis, in which we relied on confirming a break of 1.3100, pointing out that this facilitates the required mission of 1.3000, so that the pair continues to the downside. On the technical …

Oil, Crude, trading

Gold prices managed to touch the target during the previous trading session within the scenario of re-testing the required level, visiting 1901, posting a low of 1894. Technically, looking at the 4-hour chart, we find conflicting technical signals, ranging from the negativity of the simple moving averages that continue to …

Trading tended to be negative and dominated the euro’s movements against the US dollar within the scenario of retesting the support as it’s close to the published target located at 1.1775, to settle for a low of 1.1685. Technically speaking, looking at 240-minutes chart, we find that the Euro started …

The GBP/USD retreated nearly 50 pips from European session highs to levels beyond 1.3100 and fell back to the lower end of the intraday range. The fresh sell-off around the US dollar helped the pair regain some positive momentum during the early last day of the week, but the ongoing …

Oil prices rose on Thursday on renewed hopes for another stimulus package in the United States, where a decline in jobless claims also helped improve the outlook for demand. Additionally, remarks that indicated that the OPEC+ alliance may prolong output cuts provided support for crude prices, as Brent crude futures …

Gold prices declined on Thursday as the US Dollar (USD) showed signs of recovery from its decline yesterday. In addition, remarks suggesting a near agreement for a new stimulus package in the United States supported risk appetite among investors and reduced demand for safe havens. Gold futures for December delivery …