Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Negative sentiment returned to dominate the movement of the Euro/Dollar pair towards the end of last week’s trading. Despite several attempts, the pair struggled to sustainably breach the psychological resistance level at 1.0700. As trading commences this week, the pair is seen exerting downward pressure, testing the support level at …

Reports about missile attacks hitting Iran in the early hours of Friday prompted a flight for safety across financial markets. Financial markets immediately experienced risk aversion. US stock index futures were down between 0.55% and 0.8% in the early European session, reflecting the risk-averse environment in the market. The US …

Over the last six months, financial market liquidity has played a major role in supporting credit and equities prices in spite of large fluctuations in Fed forecasts. But with April’s tax deadline drawing near, the liquidity situation is becoming less clear, which might cause uncertainty and increased volatility in the …

At the time of writing, the US Dollar Index (DXY) is trading at 106.117, down slightly from its previous peak of 106.35. Still, the index is aimed at hitting its peak of 107.10 on November 1. With hawkish predictions on the Federal Reserve and tensions in the Middle East potentially …

Gold price has stabilized +0.40% trading at %2387.80 per ounce after the precious metal’s earlier surge at $2,417 per ounce following the escalating Middle East conflict between Israel and Iran. The price stabilized after Tehran indicated no immediate plans for retaliation, calming initial fears. US Treasury yields and the US …

Wall Street is somehow divided regarding Netflix’s first-quarter earnings. After the release of their first-quarter earnings report, Netflix’s stock price is declining. This is mostly because of two things: first, the firm decided not to reveal subscriber numbers in future earnings reports beginning next year; second, the second quarter’s outlook …

The US Dollar has retraced losses and is now at levels below 0.9100. A doji candle in the weekly chart and bearish divergence on intra-day charts suggest a deeper correction. USD/CHF bears need to breach the 0.9075 support level to confirm a trend shift. The Federal Reserve is likely to …

The US dollar reached new heights this week due to bets on when the Fed will most likely begin its easing cycle. Meanwhile, confidence in an ECB interest rate cut in June continued to build, pushing the EUR/USD down to as low as the 1.0600 region. The EUR/USD is trading …

Federal Reserve Bank of Chicago President Austan Goolsbee argued on Friday that it would make sense to wait to get more clarity on the inflation outlook before taking a policy step, This sort of statements could be looked upon as a resonation of the broad hawkish stance and Fed’s tendency …

European stock markets opened lower on Friday, hitting their lowest levels in over a month as concerns over the escalating conflict in the Middle East weighed on trader sentiment. However, L’Oreal shares (EPA:OREP) bucked the trend and rose after the French cosmetics giant reported better-than-expected quarterly sales results. The European …