Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Oil, Crude, trading

Crude oil prices experienced mixed trading with a positive tendency, reaching a peak at $72.45 per barrel amidst ongoing geopolitical tensions. Technically, the outlook remains cautiously optimistic, with oil prices continuing to receive positive momentum from the 50-day simple moving average. This is supported by stable intraday trading above the …

Gold prices have been trading in a narrow sideways range, with support holding above the 2645 DGM level and resistance below 2665. The technical outlook for today suggests the possibility of continuing the corrective decline, especially after gold failed to break through the 2665 resistance. A closer look at the …

The EUR/USD pair experienced negative trading in the previous session, diverging from the expected upward trend outlined in the last technical report, where we relied on the pair maintaining stability above the psychological support level of 1.1100. As previously indicated, breaking through 1.1100, and more importantly 1.1095, would halt the …

The US dollar continued to rise and hit new three-week highs, supported by growing US rates and an ongoing risk-on attitude in reaction to escalating Middle East tensions. The US Dollar Index (DXY) surged to all-time highs of over 101.70 as a result of the ongoing risk aversion and growing …

Oil prices increased due to concerns about potential disruptions in Middle East oil supplies. A large increase in U.S. crude oil inventories limited the rise in prices. Iran launched a significant missile attack on Israel. Israel and the United States vowed to retaliate for the attack. Israel may target Iranian …

As traders watched Israel’s response to Iran’s attack on Tuesday, gold retreated during the North American session on Wednesday and continued to decline by 0.50% each day. Following consecutive gloomy sessions since last Friday, traders’ attention is still focused on geopolitics, which has helped to push up gold prices. The …

China’s stock market has been on a wild ride in recent weeks, propelled by a series of aggressive government stimulus measures. While the rally has temporarily buoyed investor sentiment, it also raises significant concerns about the sustainability of China’s economic recovery.The surge in stock prices has been driven primarily by …

The Federal Reserve’s recent decision to lower interest rates by half a percentage point marks a significant shift in its monetary policy stance. However, as Richmond Fed President Thomas Barkin has emphasized, this does not signal an end to the battle against inflation.Barkin’s assessment aligns with the broader consensus among …

New York Stock Exchange is experiencing a volatile trading session, with Wall Street indices opening lower amid escalating tensions in the Middle East, fueled by ongoing Israeli military operations in southern Lebanon. Economic data released on U.S. labor market conditions indicated a continued improvement in job growth, a trend the …