Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Positive trading witnessed the movements of the Canadian dollar to reflect the downward trend as we expected, in which we relied on the stability of trading below 1.3650 at the time of the report. As a reminder, we indicated that the return of trading stability above 1.3650 leads the pair …

japanese-yen

Oil, Crude, trading

The movements of US crude oil futures witnessed negative trading within the expected bearish context after it failed to stabilize for a long time according to the psychological barrier resistance of 85.00, recording its lowest level at $82.35 per barrel. The daily trend is still bearish, with continued negative pressure …

During the beginning of the previous trading session, gold prices were able to touch the first target required to be achieved in the last report at 1884, recording its highest level of $1885 per ounce, to return within a bearish tendency, affected by the rise of the US dollar after …

Negative trading dominated the movements of the EUR/USD pair during the previous trading session after the US inflation data, which led the US dollar to rise. On the technical side, the euro witnessed immediate stability below the support level of 1.0550, indicating that sneaking below the mentioned level may force …

Due to increased Treasury yields, gold abruptly pulled back from over $1,880 and dropped below $1,870. Similar to Gold, Silver too experienced a fall and fell under $22.00. The 10-year yield jumped from 4.57% to 4.73%, while the 2-year yield increased from 4.98% to 5.07%.The US dollar continues to trade …

Due to investors’ worries when the US Consumer Price Index, or CPI, surpassed expectations, WTI crude oil prices plunged to a new low for the day. Crude Oil dealers, meanwhile, are focused on salvaging the day. Despite hitting a new low for the week, geopolitical unrest and supply worries continue …

The US Dollar continued to extend daily gains, and the DXY was getting close to weekly highs. The headline CPI for September in the US was higher than anticipated, while the core index was in line with forecasts.US Treasury short-term rates are also rising and getting close to weekly highs. …

Spot Gold price declines to $1,870 as markets turn around in response to US CPI inflation data. Markets are still undervaluing US inflation, which has caused risk-off flows.Thursday’s XAU/USD pricing has turned negative after beginning the day near $1,875. After the US Consumer Price Index (CPI) inflation reading revealed that …