Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Oil, Crude, trading

In the previous technical report, we maintained an intraday neutral stance for the US crude oil futures contract due to conflicting technical signals. The price movements indicated a downward trend, highlighting the necessity of a clear and robust breach of the 83.80 level to activate selling positions. The target after …

Gold prices experienced subdued trading, predominantly following a slight downward trajectory, reaching its lowest point at $1,990 per ounce in the initial trading sessions of the week. From a technical perspective, today saw gold prices exerting downward pressure, particularly around the $1,995 mark. Additionally, both the Stochastic indicator and the …

During the initial trading session of the previous trading day, the EUR/USD pair temporarily deviated from the anticipated downward trend, reaching the stop losses as mentioned in the previous analysis, positioned at 1.0600. It is worth recalling that our earlier analysis suggested that if the price consolidates above 1.0600, the …

Gold retreated after surging on Friday and is trading slightly below $2,000. Silver initially surged towards October highs but later trimmed its gains, settling at $23.30. Markets are looking forward to a busy Tuesday in the middle of a loaded week with central bank meetings and key economic data. Risk …

With company earnings, economic data, and the Federal Reserve’s two-day monetary policy meeting this week, Wall Street rebounded on Monday.The S&P 500 gained 1.2%, the Nasdaq gained almost the same amount, and the Dow increased by almost 1.6%. Microsoft and Amazon outperformed the market as a whole, and Megacap stocks …

McDonald’s achieved profits that surpassed market expectations after achieving significant growth in its international sales in the quarter ending last September.McDonald’s profits rose to $3.19 per share in the third quarter of 2023, versus expectations of $3.00 per share.The company’s revenues also rose to $6.69 billion in the quarter ending …

The Bank of Canada Governor Tiff Macklem has warned Canadian lawmakers that the economy is in a weaker phase due to higher interest rates, restraining consumption and bringing supply and demand closer to balance. Tiff Macklem stated that the Canadian central bank is assessing the effectiveness of its monetary policy, …

The AUD/USD pair is trading near 0.6375 as investors prepare for a mid-week Fed rate decision. The AUD has gained strength due to positive Australian data, such as Australian Retail Sales exceeding forecasts. September’s retail sales showed a 0.9% increase, significantly higher than the 0.3% estimate. US investors are anxiously …

With a focus on short-term profits from highly leveraged transactions with little regulatory or public scrutiny, private equity has grown to be a multitrillion dollar industry. Because of this secrecy, companies can behave carelessly and are harder to prosecute. For example, the amount of private equity invested in nursing homes …