Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Nasdaq below sub-resistance 10/11/2023
Dow Jones breaks support 10/11/2023
Oil, Crude, trading
Read More »CAD attempts to climb continue 10/11/2023
The technical outlook for the Canadian dollar remains consistent, with no significant alterations in its movements. The currency continues to exhibit positive stability, initiating an assault on the psychological barrier resistance level of 1.3800, reaching its peak at 1.3816. From a technical analysis perspective today, our trading inclination leans towards …
Read More »USD/JPY continues to rise 10/11/2023
japanese-yen
Read More »GBP: Negative Pressure Remains 10/11/2023
Oil, Crude, trading
Read More »Oil hits the resistance 10/11/2023
The crucial resistance level highlighted in the preceding technical report at $77.00 proved to be a formidable barrier, intensifying negative sentiments on US crude oil futures. The market maintained negative stability, reaching its nadir at $75.25 per barrel. A detailed examination of the 240-minute timeframe chart reveals a sustained negative …
Read More »Gold may resume decline 10/11/2023
Gold prices have successfully established a robust support level at 1945, as highlighted in our previous report. The price’s ability to consolidate above this level could potentially lead to a retest of 1966. Examining the technical aspects today, on the 4-hour timeframe chart, the price remains below the formidable resistance …
Read More »Euro Negativity: Confirmation Required 10/11/2023
“We maintained a neutral stance in our intraday analysis due to conflicting technical signals and the trading range bound by 1.0640 as the lower limit and 1.0760 as the upper limit. In today’s technical outlook, we are leaning towards a bearish bias, noting the initial formation of a bearish pattern …
Read More »WTI trapped as US Crude Oil production hits all-time high
Crude Oil saw a minor relief bid on Thursday before getting pushed back down. WTI ticked into $77.00 before slipping back to $75.00. US hits all-time highs on Crude Oil production.WTI Crude Oil continues to get pushed into recent lows as barrel bids struggle to find the floor on bearish …
Read More »Gold reshine on positive market sentiment, softer jobs data
Gold prices have rebounded from their weekly lows, marking a 0.43% increase, as traders digest the latest US jobless claims report. The Federal Reserve’s divided stance and the anticipation of Chairman Powell’s speech keep investors on edge, with a dovish tilt currently in the lead. Geopolitical tensions following the Hamas …
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