Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Nasdaq Poised for Further Gains 3/11/2023
The Dow Jones Index Maintains its Positive Momentum 3/11/2023
Oil, Crude, trading
Read More »CAD Breaks Key Support Level 3/11/2023
The Canadian dollar has successfully reached the anticipated bearish target outlined in the previous technical report. This forecast was based on the initial pressure observed on the support level of 1.3830, leading to a touchpoint at 1.3775. The currency pair recorded its lowest level at 1.3735 during this movement. Upon …
Read More »USD/JPY Shows Signs of Resuming Downward Correction 3/11/2023
japanese-yen
Read More »GBP Attempts Gradual Ascent 3/11/2023
Oil, Crude, trading
Read More »Oil Loses Momentum 3/11/2023
Limited positive attempts marked the movements of US crude oil futures in the previous trading session, with the price reaching its peak at $82.86 per barrel before retracing back within the anticipated downward trajectory and hitting a low of $82.27. Examining the 4-hour timeframe chart, the 50-day simple moving average …
Read More »Gold Trades Sideways as Investors Await Jobs Data 3/11/2023
Gold prices experienced narrow-range sideways movement yesterday, maintaining the existing technical outlook. The price of gold remains confined above 1977 from the bottom and below 1993 from the top. Upon examining the 240-minute timeframe chart, it is evident that the price has remained stable below the 1992 resistance level. Additionally, …
Read More »The Euro Gains Ground Against the Weakening Dollar 3/11/2023
In our previous technical report, we maintained a neutral stance due to conflicting signals. We emphasized that activating buying positions hinged on the EUR/USD pair breaking the psychological barrier resistance level of 1.0600, targeting 1.0670 and 1.0670, achieving these targets and reaching its peak at 1.068. Technically, today we are …
Read More »Market Drivers – US Session, Nov. 2
The US Dollar lost ground on Thursday due to economic data from the US, which showed Initial Jobless Claims rose to the highest level in seven weeks and Continuing Claims reached the highest since April. The US official employment report is expected to show an increase of 180,000 jobs, with …
Read More »Apple reports record earnings quarter
With iPhone revenue up year over year, Apple reports record earnings quarter, on Thursday, even with just a week or so of iPhone 15 sales factored into the numbers. However, all of the company’s other hardware divisions were down, and overall sales were down for the fourth consecutive quarter. The …
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