Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The Canadian dollar has experienced a gradual ascent in line with the anticipated positive outlook outlined in the preceding technical analysis, successfully reaching the initial target set at 1.3540, with its highest point recorded at 1.3542. Examining the technical aspects today, intraday trading is holding below the psychological resistance threshold …

japanese-yen

Oil, Crude, trading

US crude oil futures experienced a notable downturn in line with the projected bearish trajectory outlined in the previous technical report. The prices successfully reached both the initial target of 71.20 and the subsequent official target of 70.60, with the lowest recorded level hitting $70.65 per barrel. From a technical …

Gold prices experienced significant losses in the last trading session, aligning with the anticipated negative trend outlined in the previous technical report. The prices touched the official target by breaking the support at $2016, reaching $2000 per ounce. In the current technical analysis, focusing on the 240-minute chart, the price …

The EUR/USD pair experienced a session leaning towards negativity, aligning with the anticipated bearish trajectory from the previous report and reaching a low of 1.0844. From a technical standpoint today, examining the 4-hour timeframe chart reveals the pair’s attempt to establish positive stability above the 1.0860 support level, marked by …

The USD Index (DXY) reached a new yearly high in due to adjusted expectations of a rate cut by the Fed in March. This was in line with an additional narrative that suggested the ECB also could hold off on cutting rates until the summer, which ultimately seems to have …

Wall Street stocks finished lower on Wednesday after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March. The benchmark S&P 500, fell to its lowest in over a week. Amazon,, Nvidia, and Alphabet dipped between 0.5% and 1% …

Global stocks and bond markets retreated on Wednesday as investors scaled back expectations of swift interest rate cuts in the eurozone, the UK, and the US. European Central Bank president Christine Lagarde signaled borrowing costs would come down in summer rather than spring, following the first rise in UK inflation …

Strong US Retail Sales figures and a spike in US Treasury yields have continued to drive down gold prices, which have lost more than 1.11% of their value. Gold’s decrease is partly due to the US Dollar Index’s upward trajectory, which reached a five-week high, and hawkish remarks made by …