Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP building on support 10/5/2023
Oil is successfully testing support 10/5/2023
Mixed trading dominated the prices of US crude oil futures contracts yesterday, but the pivotal support level published during the previous report, located at 71.40, was able to limit the bearish tendency to force oil to rebound upwards again, and the current movements are witnessing stability around $73.20 per barrel. …
Read More »Gold maintains a gradual climb, eyes on inflation data 10/5/2023
Gold prices achieved the first bullish target required during the previous technical report at 2037, recording its highest level during the early trading of the current session at $2038 per ounce. Technically, and by looking at the 4-hour chart, we find that gold continues to form an upward trend accompanied …
Read More »Euro is touching the target and trying to recover 10/5/2023
The EURUSD pair declined significantly during the previous trading session’s dealings within the scenario of retesting the support published in the last analysis, touching the required target at 1.0945 and recording its lowest level at 1.0945. Technically, today, we find the EUR/USD pair trying to take advantage of the strong …
Read More »Dow Jones maintains the same technical conditions 9/5/2023
Oil, Crude, trading
Read More »CAD: negative pressure exists 9/5/2023
Significant negative trades dominated the movements of the Canadian dollar during the first trading sessions of this week within the expected negative outlook, touching the bearish target that should be achieved at 1.3310, recording the lowest at 1.3313. Technically, the support levels posted at 1.3315 limited the bearish bias and …
Read More »GBP continues its climb 9/5/2023
Oil, Crude, trading
Read More »Oil is trying to make more gains 9/5/2023
US crude oil futures prices witnessed a positive trading session within the bullish context published during the previous analysis, touching the first target, 72.60 and approaching by a few points at the second target, 73.80, to settle for recording the highest, 73.66. Technically, by looking at the 240-minute chart, we …
Read More »Gold is making attempts to climb 9/5/2023
Gold prices were able to achieve the bearish slope target mentioned during the previous technical report at 2016, recording its lowest level of $2014 per ounce. Today’s technical vision indicates the possibility of a bullish retracement based on the stability and consolidation of the price in general above the support …
Read More »Euro is pressing support 9/5/2023
Quiet trading tended to be negative, dominating the movements of the euro-dollar pair during and throughout the trading of this week, after it found selling pressure near the resistance level of 1.1070, to start today’s session on a bearish slope. From the point of view of technical analysis today, and …
Read More »