Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones starts gapping upwards 27/12/2022
CAD: Negative pressure remains 27/12/2022
Negative trades continue to control the movements of the Canadian dollar due to the collision with the pivotal resistance level at 1.3680, which forced the pair to move negatively towards the last expected target at 1.3570, recording its lowest level at 1.3550. Technically, our trading tends to be negative, relying …
Read More »GBP: stable below resistance 27/12/2022
Oil, Crude, trading
Read More »Gold retesting resistance 27/12/2022
Gold prices started the morning trading of the current session on an upward slope, recording its highest level at $1806 per ounce, building on the bullish rebound as a result of the intraday stability above 1795. Technically, we find the 50-day simple moving average has returned to hold the price …
Read More »Euro continues its gradual rise 27/12/2022
The Eurodollar pair opened its weekly trading on an upward slope, as we expected, heading to visit the first target to be achieved during the last report at 1.0660, recording its highest level during the Asian session for today’s session at 1.0660. On the technical side today, and by looking …
Read More »Dow Jones is under selling pressure 23/12/2022
Oil, Crude, trading
Read More »CAD stable below resistance 12/12/2022
The Canadian dollar declined during the previous trading session after it broke the bullish channel’s support and is now hovering around its lowest level during the early trading of the current session, 1.3620. Technically, looking carefully at the 240-minute chart, we find negativity still dominating the stochastic indicator, stimulated by …
Read More »GBP: negative pressure remains 23/12/2022
Oil, Crude, trading
Read More »Oil is making remarkable gains 23/12/2022
Positive trading dominated the prices of US crude oil futures contracts yesterday, achieving remarkable gains, reaching $79.87 per barrel. Technically, by looking at the 4-hour chart, the price continued to receive a positive sign from the simple moving averages that support the daily bullish price curve, in conjunction with the …
Read More »Gold is facing strong resistance 23/12/2022
Gold prices witnessed a bearish trend during the previous trading session, after it succeeded in touching the official target of the bullish wave around 1824, which formed a strong supply level that forced the price to decline, recording its lowest level of $1792 per ounce. On the technical side, today, …
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