Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones extends gains 28/5/2025
CAD may hit major resistance 28/5/2025
The Canadian dollar has resumed its intraday rise, attempting to recover losses from previous sessions after touching the 1.3722 level. From a technical analysis perspective today, and by closely examining the 4-hour chart, we find the pair hovering near the key resistance level of 13850. This resistance meets the 50-day …
Read More »GBP retests support 28/5/2025
Oil, Crude, trading
Read More »Oil Prices Face Downward Pressure 28/5/2025
U.S. crude oil futures are trading with a negative bias, despite brief intraday attempts to stabilize. The price is currently hovering near $61.20 per barrel, reflecting continued selling pressure. From a technical perspective, oil prices remain below the 50-day simple moving average, which acts as a key dynamic resistance at …
Read More »Gold Attempts to Build Further Momentum 28/5/2025
Gold prices are currently trading within a narrow range, consolidating between $3,300 support and $3,350 resistance. This consolidation reflects a pause in momentum following recent gains, as the market awaits key catalysts. From a technical perspective, the underlying bullish trend remains intact. The Relative Strength Index (RSI) is showing signs …
Read More »Euro Testing for a Potential Bottom 28/5/2025
The EUR/USD pair experienced a pullback after successfully reaching the official target at 1.1410, recording a high of 1.1407 in the previous session. This rejection from the psychological resistance level has led to renewed selling pressure. On the 4-hour chart, we see that 1.1400 remains a key resistance, as the …
Read More »Selling Pressure on the Dow Jones Continues 23/5/2025
Oil, Crude, trading
Read More »CAD Heads Toward Downside Targets 23/5/2025
As anticipated, the downtrend continues to dominate USD/CAD, following the pair’s failure to maintain stability above the psychological resistance at 1.3900. This rejection has led to renewed selling pressure and a shift to negative intraday momentum. From a technical perspective, the 4-hour chart reveals that 1.3900 remains a key resistance …
Read More »GBP Pushes Higher Versus the Greenback 23/5/2025
Oil, Crude, trading
Read More »Oil May Extend Its Decline 23/5/2025
U.S. crude oil futures posted significant losses in line with the previously outlined bearish scenario, reaching the first official downside target at $60.45 and recording a session low of $60.27 per barrel. From a technical standpoint, oil prices are currently trading below the 50-day simple moving average, which is acting …
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