Noor Trends News, Technical Analysis, Educational Tools and Recommendations

The Canadian dollar fell yesterday within the bearish path published during the previous technical report, approaching by a few pips at the first target of 1.3360, recording its lowest level at 1.370. The technical view is unchanged, and the pair maintains the same technical conditions. The common tendency tends to …

Oil, Crude, trading

US crude oil futures prices achieved the bullish target required to be touched during the previous technical report at 80.85, and approached by a few points at the second target 81.45, only to record the highest 81.20. Technically, oil prices continue to receive a positive incentive from the simple moving …

Negative trading dominated gold prices during the previous trading session, as we indicated in the last report, touching the first target of 1903, and heading for the second target 1897 during the morning trading of the current session. Technically, and by looking at the 4-hour chart, we notice the stability …

The EUR/USD pair achieved the first bullish target at 1.0870, recording its highest level at 1.0870, to hit a strong resistance level that forced it to trade in negativity. Technically, the resistance levels at 1.0870 constituted an obstacle in front of the pair. However, the current movements are witnessing stability …

Interviewed by Dubai TV, Monday, Mohamed Hashad, the Head of Research and Development at Noor Capital and the member of the US Association of Technical Analysts, commented on the most important developments in global financial markets on the first day of the current trading week, with a special focus on …

US stocks traded within a tight range on Tuesday after contrasting Q4 earning reports from investment banks Goldman Sachs and Morgan Stanley, while China unveiled disappointing annual GDP data. Wall Street’s S&P 500 edged 0.2 per cent lower, supported by rising prices for energy and banking companies, while the tech-heavy …

US Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Switzerland on Wednesday to exchange views on economic ties, global economic developments and talks are expected to focus on means to deepen communication between the world’s two largest economies.Yellen’s first face to face meeting with Liu stems …

United Kingdom’s Unemployment Rate data mainly pushed the British Pound’s latest rally. The GBP/USD pair is in the hands of the bulls on the front side of an hourly trendline ahead of key Consumer Price Index inflation data scheduled for release on Wednesday.The GBP/USD bears are eying a break of …

US stocks traded within a tight range on Tuesday after contrasting Q4 earning reports from investment banks Goldman Sachs and Morgan Stanley, while China unveiled disappointing annual GDP data.Wall Street’s S&P 500 edged 0.2 per cent lower, supported by rising prices for energy and banking companies, while the tech-heavy Nasdaq …