Noor Trends News, Technical Analysis, Educational Tools and Recommendations

Oil, Crude, trading

US crude oil futures prices incurred significant losses during the last session’s trading within the expected downside trend. It touched the official target station at 67.80, recording its lowest level at $66.8 per barrel. Technically, by looking at the 240-minute chart, we find the continuation of the negative intersection of …

Trading tended to negatively dominate the gold movements during the first trading sessions of this week. The sideways trend is still active and active, so the technical outlook remains unchanged. Over several consecutive sessions, we waited for the pending orders to be activated due to the sideways movements that dominated …

. The technical outlook is unchanged, and for several consecutive sessions, we waited for the pending orders to be activated due to the sideways movements that dominated gold prices from below 1945 and from above below 1977. From the point of view of technical analysis, gold prices witnessed positive attempts, …

The US Bureau of Labour Statistics is expected to release the most important inflation measure, the US Consumer Price Index (CPI) figures, on Tuesday, June 13 at 13:30 GMT. The forecasts by the economists and researchers of 10 major banks regarding the upcoming United States inflation reading give insight about …

US equities opened the trading week with positive performance ahead of key US economic data and monetary policy events. Markets cheered the possibility of the Fed’s ending its rate hike cycle. Incoming economic data will be crucial, with the CPI reading, in particular.The Dow Jones gained 0.56% and the Nasdaq …

WTI crude oil prices have been affected by global economic concerns and a pessimistic outlook. Goldman Sachs has revised its forecast for WTI crude oil from $89 a barrel to $81 by the end of the year due to expectations of increased oil supplies from Russia and Iran. This downward …

Surging US bond yields constitute one factor why the GBP/USD pair retreated from five-week high. The pair is also eyeing key US and UK economic data releases on Tuesday. This retreat comes after failing to breach 1.2600, so the pair is now trading at 1.2512 amid climbing US Treasury bond …

In early US trading Monday, gold prices were slightly higher while silver prices were slightly lower. August gold was last up $1.90 at $1,979.10 and July silver was down $0.065 at $24.345. The marketplace is quieter just ahead of the FOMC monetary policy meeting and key CPI data and gold …

Bitcoin prices dipped over the weekend amid an altcoin selloff but have since rebounded. The BTC/USD pair is up 1.55% and other cryptocurrencies edged higher on Monday, with digital assets primed to react to key macroeconomic forces in the coming days with the awaited US CPI inflation data and the …