Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The German DAX was able to apply the bullish scenario as we expected, surpassing the initial target to be achieved 12895/12890, shy of few points from the second goal 12965, recording its highest at 12947. Technically, the current movements of the index may witness a slight bearish tendency due to …

The Dow Jones Industrial Average managed to achieve our bullish targets located at 28190, just shy of 28240, recording its highest level at 28230. Technically, despite the bearish trend, we are biased towards negativity, relying on negative signs appearing on the RSI and staying below the 50 midline. Therefore, we …

The British Pound is witnessing a mild bullish bias against its Japanese counterpart, taking advantage of 136.00 support. Technically, we tend to be negative, given that the intraday trading remains below 136.80, and in general below 137.25, by looking at the chart, we find that Stochastic started losing the bullish …

The Canadian dollar is witnessing positive movements during the previous session, after it succeeded in breaching the 1.3260 resistance level. Technically speaking, the current moves are stabilizing above the psychological barrier of 1.3300 and the SMA 50 is holding the price with signs of a positive crossover from the stochastic …

Negative trading dominated the British pound against the US dollar after it failed to breach the psychological barrier of 1.3000,  we have indicated that a breach of that resistance is a prerequisite for the continuation of the buying position, explaining that the price remains below 1.2920 nullifies the bullish scenario …

Oil, Crude, trading

Gold prices fell as we expected yesterday to touch the target to be achieved at 1892. We indicated that breaking the aforementioned level forces gold to continue declining towards 1874, posting low at 1872. Technically, looking at the 4-hour chart, we find that the RSI supports the downside moves, in …

The Euro managed to touch the target level mentioned in the previous analysis at the psychological barrier of 1.1800, to hit its highest level at 1.1800. Technically, the aforementioned resistance capped the bullish bias and forced the pair to the downside again, to retest 1.1720. Looking at the chart, we …

The President of the United States, Donald Trump, said on Tuesday that he has instructed the halt of stimulus talks between the Republicans and the Democrats until after the next elections, which take place on November 3. “I have instructed my representatives to stop negotiating until after the election when, …

Talks between the United Kingdom (UK) and the European Union (EU) are reportedly advancing, with the two parties edging closer to a trade agreement after the Brexit, Reuters reported on Tuesday, citing two diplomatic sources. The EU supposedly plans to finish negotiations by mid-November, one month and a half before …