Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The US Dollar (USD) is experiencing a significant downturn, extending its losses for a third consecutive day against major currencies. The US Dollar Index (DXY), which measures the USD’s performance against a basket of six currencies, fell to near 105.00, its lowest level since early November, marking a more than …

The U.S. service sector demonstrated robust growth in February, according to the latest report from the Institute for Supply Management (ISM). The ISM Services PMI climbed to 53.5, exceeding both January’s reading of 52.8 and analysts’ forecasts of 52.6. This indicates a notable acceleration in the sector’s expansion.Digging deeper into …

European stock markets surged on Wednesday as investors rallied on expectations that a compromise on U.S. trade tariffs may be in the offing, while strong policy moves in Germany to boost defense spending further lifted sentiment. At 06:20 ET (11:20 GMT), Germany’s DAX climbed 3.4%, France’s CAC 40 gained 2%, …

The U.S. dollar slipped further on Wednesday, reaching a three-month low as concerns mounted that a trade war initiated by President Donald Trump could slow growth in the world’s largest economy. At 04:00 ET (09:00 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, …

Bitcoin rebounded on Wednesday after an extended rout in crypto prices spurred some bargain buying. The recovery was fueled by hopes that U.S. President Donald Trump might scale down his aggressive trade tariffs, which have weighed on risk appetite in recent sessions. After wild swings this week, Bitcoin—long the flagship …

Oil, Crude, trading

The Canadian dollar continues its gradual upward movement, following the expected bullish path from the previous trading session, and recently reached a high of 1.4543. Technical Outlook Bullish Signals: On the 4-hour chart, the simple moving averages are providing strong upward support. Positive signals from the 14-day momentum indicator on …

Oil, Crude, trading

US crude oil futures experienced a selling wave in line with our negative outlook, reaching the first target at $67.20 and recording a low of $66.80 per barrel. Technical Outlook Bearish Signals: Prices continue to trade below the simple moving averages, reinforcing the daily downward trend. The break of the …

Gold continued its upward trend, in line with our previous outlook. The breach of 2893 acted as a catalyst, pushing prices toward the first target of 2910 and the second target of 2920, with the recent high reaching $2927 per ounce. Technical Outlook Bullish Signals: The Relative Strength Index (RSI) …