Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP is trying to take advantage of the support 26/6/2023
Oil needs to be monitored 26/6/2023
US crude oil futures prices touched the official target to be achieved by the end of last week’s trading, as we expected at 67.30, recording its lowest level at $67.03 per barrel. Technically, with a closer look at the 240-minute chart, the current trading has returned to stability above the …
Read More »Gold is stable below resistance 26/6/2023
Gold prices were subjected to solid selling operations during last Friday’s trading session, gradually approaching the official target stations at 190 and 1897, only to record their lowest level at $1910 per ounce. On the technical side today, and with a closer look at the 4-hour chart, we find trading …
Read More »Euro is facing negative pressure 26/6/2023
The euro incurred significant losses against the US dollar at the end of last week’s trading, within the expected bearish track during the previous technical report, touching the official target station at 1.0860, recording its lowest level at 1.0844. Technically, and by looking at the 4-hour chart, there is some …
Read More »Dow Jones and selling pressure is in place 23/6/2023
Oil, Crude, trading
Read More »GBP is pressing on the support floor 23/6/2023
Oil, Crude, trading
Read More »Oil incurs huge losses 23/6/2023
US crude oil futures prices incurred large losses, invalidating the positive outlook of the previous report, in which we relied on trading stability above 71.55 when the report was issued. As a reminder, we indicated that the closing of the 4-hour candle below 71.50, and most importantly 71.20, invalidates the …
Read More »Gold is touching the official target of the bearish wave 23/6/2023
Gold prices declined significantly during the previous session’s trading to achieve the official target for the current downward wave, as we expected at 1913, recording its lowest level during the morning trading of today’s session at $1910 per ounce. From the point of view of technical analysis today, and by …
Read More »Euro temporarily fails to breach the psychological barrier 23/6/2023
Mixed trading dominated the movements of the euro-dollar pair during the previous session’s trading, as the pair failed to stabilize for a long time above the psychological barrier of 1.1000, forcing it to retreat to retest the support level currently hovering around it at 1.0940. On the technical side today, …
Read More »Dow Jones is under negative pressure 22/6/2023
Oil, Crude, trading
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