Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones touches the targets 9/6/2023
CAD: Negative pressure is in place 9/6/2023
The Canadian dollar declined significantly yesterday, within the expected bearish path during the previous technical report, as the support level of 1.3350 succeeded in limiting the bearish bias. Technically, the pair breached the support level of 1.3420 and turned into a resistance level. The simple moving averages continue to pressure …
Read More »GBP gains against USD 9/6/2023
Oil, Crude, trading
Read More »Oil suffers great losses 9/6/2023
We adhered to intraday neutrality during the previous technical report, explaining that we are waiting for the pending orders to be activated. We explained that breaking 71.55 leads oil prices to a bearish solid path with a target of 70.10, recording its lowest level at $69.10 per barrel. Technically, the …
Read More »Gold is still on a sideways path 9/6/2023
The technical outlook is unchanged, and for several consecutive sessions, we waited for the pending orders to be activated due to the sideways movements that dominated gold prices from below 1945 and from above below 1977. Technically, there are positive attempts that supported gold prices to touch 1970 dollars, accompanied …
Read More »Euro breaching the resistance 9/6/2023
After several successive sessions in which the sideways movements dominated the Eurodollar pair from below 1.0665 and above 1.0770, we find that the pair started to get positive signs, attacking the main resistance level of the current trading level of 1.0770. On the technical side, we indicated during the previous …
Read More »Dow Jones is making good gains 8/6/2023
Oil, Crude, trading
Read More »CAD: touches the target 8/6/2023
The Canadian dollar declined significantly yesterday, within the expected bearish context during the previous technical report, touching the official target station at 1.3320, recording its lowest level at 1.3320. From the point of view of technical analysis today, the pair succeeded in breaching the support level of 1.3420. they have …
Read More »GBP trying to recover 8/6/2023
Oil, Crude, trading
Read More »Oil: positive need confirmations 8/6/2023
US crude oil futures prices reversed the expected bearish trend during the previous analysis, touching the stop loss order at 71.55, explaining that the price’s consolidation above the resistance above level can turn the daily trend into an upward one, targeting 72.45 and 73.40, recording its highest level at $73.15 …
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