Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The technical outlook remains unchanged while the Dow Jones Industrial Average attempts to hold onto its recent gains today. Technically speaking, it indicates the possibility of continuing to rise. With a closer look at the 60-minute chart, the RSI indicator continues to defend the upside, and this comes along with …

The pound witnessed a bullish bias during yesterday’s session within the expected positive outlook in the previous analysis, surpassing the first target of 152.00, recording a high of 152.24. On the technical side today, the stability of the intraday trading above 151.40 is a positive factor that increases the probability …

Narrow range sideways trading tends to be positive, and the Canadian dollar maintains the bullish context within the awaited bullish correctional trend. From a technical analysis, we find that the pair managed to build an intraday above the support level of 1.2580, accompanied by the positive stimulus of the 50-day …

Oil, Crude, trading

Oil, Crude, trading

Gold prices retreated significantly within the bearish trend, as we expected, explaining that trading below 1691 extends gold’s losses, opening the way to visit 1685, recording its lowest price of 1678. Technically, and by looking at the chart, the current prices of the yellow metal are witnessing stability below the …

The single European currency succeeded in touching the target mentioned in the previous analysis, located at the price of 1.1700, to record the lowest price during the morning trading of the current session at 1.1700. Technically speaking and with a closer look at the chart, with regular work inside the …

The United States could witness an economic boom, as it recovers from the Coronavirus (COVID-19) pandemic, a recent report by Goldman Sachs suggested. “Our expectation of accelerating sequential growth is transitioning from forecast to fact,” the bank’s analysts said in a recent report titled, Anatomy of a Boom. Credit card …

As more Americans are vaccinated and households and businesses from fiscal support, there are reasons to be optimistic about the U.S. economy President of the Federal Reserve Bank of New York, John Williams, said on Tuesday that he is optimistic for the United States economy as more people are vaccinated …

he New York Stock Exchange (NYSE) closed Tuesday with relatively small losses, as Wall Street investors were impacted by the tech sector losses that resulted from a surge in Treasury bond yields to their highest level in about 14 months. The Dow Jones Industrial Average declined by 104.41 points, or …