Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones suffers big losses ahead of Fed 22/2/2023
CAD touches the required upward goals 22/2/2023
The Canadian dollar jumped yesterday, making significant gains, as we expected, touching the official target station during the previous analysis at 1.3530, recording the highest at 1.3550. Technically, we believe that the bullish trend is still valid and effective based on the continuation of the pair obtaining a positive impulse …
Read More »GBP breaks resistance 22/2/2023
Oil, Crude, trading
Read More »Oil is under negative pressure 22/2/2023
A downward trend dominated the price movements of US crude oil futures contracts during the previous trading session, within the path of quiet trading, and now hovering below the support level of 76.50. Technically, the 50-day simple moving average still constitutes a negative pressure factor on the price from above …
Read More »Gold is waiting for a signal to move and eyes are on the Fed 22/2/2023
Gold prices did not witness noticeable movements during the previous trading session within a narrow price range between 1843 and 1830. Technically, gold prices attempted to recover and compensate for part of their previous losses, recording a high of 1843. However, with a closer look at the 4-hour chart, we …
Read More »Euro is in a sideways path, technical conditions are unchanged 22/2/2023
The technical outlook remains unchanged, and the movements of the Euro-dollar pair did not change, within a sideways path between 1.0630 and above 1.0700. Technically, today, the euro-dollar pair is still stable below the resistance level of the psychological barrier 1.0700. However, upon closer look at the 240-minute chart, we …
Read More »Dow Jones: negative pressure in place 21/2/2023
Oil, Crude, trading
Read More »CAD building on support 21/2/2023
The Canadian dollar started its weekly trading upward, benefiting from the intraday consolidation above the 1.3430 support. The pair’s current movements are witnessing stability around its highest level during the morning trading of the current session, around 1.3475. Technically, we are positive in our trading depending on the pair receiving …
Read More »GBP is waiting for a negative stimulus 21/2/2023
Oil, Crude, trading
Read More »Oil is under selling pressure 21/2/2023
US crude oil futures prices incurred significant losses by the end of last Friday’s trading week after dealers abandoned the long-term position, recording a low of $75.36 per barrel. Technically, we are negative depending on the stability of daily trading below the strong resistance level of 78.00, accompanied by the …
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