Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The Dow Jones Industrial Average traded positively on Wall Street during the previous trading session, recording its high at 30,710. On the technical side, today we find the index succeeded in building a base on support floor 30,410 and the most important 30,380, and we find the RSI indicator providing …

Negative trading is dominating the movements of the pound sterling against its Japanese counterpart within the expected bearish path, approaching a few points difference from the published target of 142.80, recording the lowest price of 142.95. On the technical side, the pair started its daily trading by pressing the support …

The Canadian dollar managed to retest the support level 1.2760, to start its daily trading positively again. Technically, we find the pair maintains positive stability above the support floor of 1.2760 supported by the stochastic obtaining signs of a positive crossover, coinciding with the current attempts of the RSI to …

Oil, Crude, trading

Oil, Crude, trading

Gold prices continue to gradually crawl to the downside within the expected bearish path, in which we relied on confirming the breach of the 1851 level, approaching our third awaited target of 1817, to record its lowest price during early trading for the current session 1822. On the technical side, …

The euro continues its bearish path against the US dollar, continuing its negative crawl towards the second official leg of 1.2000. On the technical side today, and with a closer look at the 240-minute chart, we find that the moving average continues to support the bearish curve of prices, and …

Treasury yields in the United States rose on Wednesday, amid anticipation for wider vaccines rollouts, anticipation for increased government stimulus by the Biden administration, and increased hopes for economic recovery in 2021. The benchmark 10-year Treasury bond yield increased by 2.4 basis points to 1.129%. The return on the 30-year …

The New York Stock Exchange (NYSE) closed Wednesday on a higher note, supported by an improved investors’ sentiment and risk appetite on the back of positive earnings reports by many of Wall Street’s biggest listed companies. The Dow Jones Industrial Average edged higher by 0.1% to close at 30,723.60 points. …

Oil prices rose on Wednesday, recording a fresh highest level in a year, supported by the decline in the United States crude inventories, as well as the commitment of major producers to output cuts and the prospects of increased stimulus spending in the U.S. Brent crude futures for April delivery …