Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Positive trading has returned to the Canadian dollar after it found solid demand near the psychological barrier of 1.3800, sparking a modest upward bounce. From a technical perspective, the 4-hour chart shows the pair attempting to shake off the negative pressure stemming from overbought conditions, while the simple moving averages …

Oil, Crude, trading

US crude oil futures reversed the expected downward trend outlined in the previous technical report, which was based on trading stability below the key resistance level at $61.90. Instead, the market shifted to a more positive tone, with intraday movements showing a clear upside bias. Prices are currently hovering near …

Gold prices achieved the first upside target at $3,311 at the start of the European trading session, reaching a high of $3,325, though gains remained modest. As highlighted in the previous report, price consolidation at $3,270 was expected to halt the bullish momentum and apply negative pressure, potentially triggering a …

The euro weakened against the U.S. dollar in the previous session after encountering strong resistance at 1.1350, aligning with the target highlighted in the previous report. The pair recorded a session high of 1.1345 before retreating sharply. As expected, an hourly candle close below 1.1270 has postponed the upside potential, …

Euro Faces Downward PressureThe euro fell against the US dollar on Wednesday, May 28, 2025, closing at 1.1291, down from 1.1329 the previous day. The EUR/USD pair hit an intraday high of 1.1345 and a low of 1.1283, reflecting volatility driven by a resurgent dollar and cautious signals from the …

A Holding Pattern for PolicyThe Federal Reserve’s May 6-7, 2025, FOMC Minutes, released on May 28 at 23:08 UTC, highlight a central bank in wait-and-see mode as it navigates a complex economic landscape. Persistent uncertainties around trade policies and risks to the Fed’s dual mandate of employment and inflation have …

Rising Risks and Policy DilemmasThe Federal Reserve’s May 6-7 meeting Minutes, released on May 28, 2025, at 18:00 GMT, revealed growing unease among policymakers about the economic outlook. Officials highlighted “difficult trade-offs” as inflation continues to rise alongside increasing unemployment. Fed staff projections pointed to heightened recession risks, with GDP …

Fiscal Policy at a CrossroadsRussia is weighing a significant revision to its budget rule as plummeting oil prices threaten its financial stability, Finance Minister Anton Siluanov revealed on May 28, 2025. The current rule, which sets a baseline oil price of $60 per barrel, directs excess revenue to the National …

Gold prices dipped below $3,300 after peaking at $3,325, marking a 0.18% decline as the US Dollar and Treasury yields strengthened. With traders eagerly awaiting the Federal Reserve’s latest meeting Minutes at 18:00 GMT, a dovish signal could reignite bullion’s rally, though Fed officials appear cautious amid tariff uncertainties. Geopolitical …