Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The dollar rose on Tuesday after a survey showed that credit conditions in the United States were less bleak than expected, while the pound sterling flirted with its highest levels in a year amid expectations that the Bank of England (central) will raise interest rates this week. Currencies were little …

Oil, Crude, trading

Significant negative trades dominated the movements of the Canadian dollar during the first trading sessions of this week within the expected negative outlook, touching the bearish target that should be achieved at 1.3310, recording the lowest at 1.3313. Technically, the support levels posted at 1.3315 limited the bearish bias and …

Oil, Crude, trading

US crude oil futures prices witnessed a positive trading session within the bullish context published during the previous analysis, touching the first target, 72.60 and approaching by a few points at the second target, 73.80, to settle for recording the highest, 73.66. Technically, by looking at the 240-minute chart, we …

Gold prices were able to achieve the bearish slope target mentioned during the previous technical report at 2016, recording its lowest level of $2014 per ounce. Today’s technical vision indicates the possibility of a bullish retracement based on the stability and consolidation of the price in general above the support …

Quiet trading tended to be negative, dominating the movements of the euro-dollar pair during and throughout the trading of this week, after it found selling pressure near the resistance level of 1.1070, to start today’s session on a bearish slope. From the point of view of technical analysis today, and …

The start of the week on Wall Street was uneven. Participants in the market are analysing the events of the previous week, including central bank meetings and US labour market data. There were no significant shocks in the Federal Reserve bank survey as worries about banking continue to decrease, bolstering …

US Treasury Secretary Janet Yellen is reaching out to business and financial leaders to explain the “catastrophic” impact a US default on its debt would have on the U.S. and global economies.Treasury secretary is having one-on-one conversations with individual CEOs to warn them about the “dangerous consequences of the current …

On Monday, May 8, Dubai TV interviewed Mohamed Hashad, Head of Research and Development Dept. at Noor Capital and the member of the American Association of Technical Analysts, to comment on the latest developments in the financial markets and the performance of the most important financial assets at the beginning …