Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Bitcoin fell 12% today, Monday, to $ 27,750, to continue the decline after achieving unprecedented gains at the start of the new year. The most popular cryptocurrency in the world increased to more than $ 30,000 for the first time on Saturday, and touched a record high of $34,800 the …

Today, Monday, the US dollar sat near its low level in mid-2018, after the optimism in global markets prompted investors to buy high-risk currencies such as the Chinese yuan, despite a renewed rise in infections due to the Corona virus pandemic. The dollar has taken a declining path due to …

The Turkish Statistical Institute data revealed on Monday that the inflation rate rose more than expected to 14.6% year on year in December, keeping pressure on the central bank to tighten monetary policy. On a monthly basis, the consumer price index rose 1.25% in December. A Reuters poll predicted that …

The UK manufacturing sector activity improved more-than-expected in the month of December, the final report from IHS Markit confirmed on Monday. The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) was revised higher to 57.5 in December versus 57.3 expected and 57.3 first readout.

Oil prices touched a multi-month high on Monday, thanks to expectations that OPEC and allied producers may restrict production at current levels in February as the coronavirus pandemic keeps first-half demand concerns high. Prices rose in line with the financial markets in general, while Brent crude reached $ 53.17 a …

Gold prices began the new year at a high level and rose to a peak of eight weeks Monday, as gold’s appeal as a safe haven was strengthened by the increase in COVID-19 infections and the possibility of tighter restrictions imposed to contain the pandemic. And gold rose in the …

Japan shares closed lower on Monday after Prime Minister Yoshihide Suga said he was considering declaring a state of emergency in Tokyo and surrounding areas to contain the spike in coronavirus infections domestically. The Nikkei index fell 0.68% to 27,258.38 points on its first trading day in 2021, its biggest …

Bitcoin achieved new record gains, reaching its highest levels of 33,565, to start its first daily trading on a rising price gap. On the technical side, we tend to be positive, depending on the stability of trading above 32,810 accompanied by the positive motivation of the 50 days moving average. …

The German DAX found a strong resistance level around 13,780, which is currently pressing prices on the short time frames. Technically, we tend to be negative, depending on the clear negative signals on the RSI, in addition to the intraday stability below 13,470. Therefore, we believe that there is a …

Positive trading dominated the movements of the Dow Jones Industrial Average on Wall Street, posting its highest level at 30,526. On the technical side, we see the RSI stable above the 50 midline, trying to obtain more bullish momentum, and the simple moving averages support the upside. From here, with …