Selling pressure persists within the ongoing corrective downswing, with price printing a $3,962 low in the prior session. Technical outlook Trend & SMAs: The 4H simple moving averages slope lower and cap rebounds as dynamic resistance—consistent with a bearish structure. Structure: A prior rising trendline break keeps downside risk in …
Read More »Euro Tracks Along a Descending Trendline 3/11/2025
The pair extended last week’s downtrend in line with our bearish view, reaching the first target at 1.1550 and posting a 1.1532 low. Technical outlook (4H) RSI: Deep in oversold territory, which may prompt a brief corrective bounce before the primary downtrend resumes. SMAs & structure: Price remains below the …
Read More »Bitcoin stalls as “Uptober” fizzles; risk aversion and hawkish Fed sap crypto bids
Bitcoin was little changed on Friday, limping toward a rare negative October as a bout of global risk aversion—stoked by U.S.–China trade tensions and macro uncertainty—kept dip-buyers on the sidelines. The largest cryptocurrency slipped 0.3% to $110,012.4, leaving it down 3.7% for the month and on track to snap the …
Read More »Dollar edges up as Powell tempers December cut hopes; euro firms post-ECB, yen slips after hot Tokyo CPI
The U.S. dollar inched higher on Friday, consolidating near a three-month peak as traders absorbed a relatively hawkish message from Federal Reserve Chair Jerome Powell and recalibrated expectations for another move in December. By 05:10 ET (09:10 GMT), the Dollar Index was up 0.1% at 99.380, extending Thursday’s momentum. The …
Read More »Europe stocks edge lower as investors parse ECB pause, Fed signals, and a busy earnings slate
Market snapshot DAX (Germany): −0.2% FTSE 100 (UK): −0.2% CAC 40 (France): flat Policy & macro ECB on hold: The European Central Bank kept the deposit facility rate at 2% for a third straight meeting, calling policy “in a good place” amid fading risks and resilient activity. Barclays now expects …
Read More »Gold slips in Asia, set for a second weekly loss as Fed caution and easing U.S.–China tensions sap haven demand
Gold fell in Asian trade on Friday, putting the metal on course for a second straight weekly decline, after the Federal Reserve struck a cautious tone on further rate cuts and signs of easing U.S.–China trade tensions tempered safe-haven flows. Spot gold dipped 0.4% to $4,008.65/oz by 01:49 ET (05:49 …
Read More »Dow Jones Eyes a Support Retest 31/10/2025
The index extended higher in line with our prior bullish view, clearing the earlier target at 48,020 and printing a 48,181 high. Technical outlook 50-SMA (4H): Still trending beneath price, offering support. RSI: Now flashing negative signals on overbought readings, implying scope for a brief pullback to reset momentum. Base …
Read More »CAD Attacks the Downtrend Line 31/10/2025
The pair extended a constructive rebound, tagging a 1.4014 high. Technical outlook Price is challenging a descending trendline, with the simple moving averages now underpinning price from below. RSI is unwinding prior overbought readings rather than breaking down—consistent with scope for further upside. Base case (bullish while above 1.3960/1.3940) Holding …
Read More »Pound Loses Ground Against the Dollar 31/10/2025
The pair logged heavy losses in the prior session, printing a 1.3117 low. Technical outlook RSI: Remains negative in the short term despite oversold readings—consistent with downside risk. SMAs: Price holds below the simple moving averages, which continue to act as dynamic resistance. Structure: Stability below 1.3210 keeps the bearish …
Read More »Oil Attempts to Shed Negativity 31/10/2025
Price action remains in a corrective uptrend, with buyers attempting to extend gains. Technical outlook: Simple moving averages sit beneath price and continue to offer support. RSI is constructive, helping sustain upside momentum. Base case (bullish bias while above 60.80): Holding 60.80 keeps the path higher toward 61.75, then 61.90 …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations