Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP continues to gain 27/10/2022
Oil breaks through resistance and rises cautiously 27/10/2022
US crude oil futures prices reversed the expected bearish trend during the latest analysis after the report issued by the International Energy Agency on oil inventories, recording extended gains around $88.47 per barrel. Technically, today, the current moves are witnessing stability above the previously breached resistance level, which is now …
Read More »Gold needs extra momentum to continue rising 27/10/2022
We remained neutral during the previous session’s trading, explaining that we are waiting for the activation of the pending orders due to the conflicting technical signals at the time of the report’s release, explaining that activating the buying positions depends on confirming the breach of 1666 to target 1677, recording …
Read More »Euro touches the goals, Eyes on ECB 27/10/2022
An upward trend dominated the euro’s movements against the US dollar yesterday, within the expected positive outlook during the previous analysis, touching the official target station at 1.0050, recording the highest level at 1.0093. Technically, the simple moving averages continue to support the daily bullish curve for prices and the …
Read More »Dow Jones extends gains 26/10/2022
Oil, Crude, trading
Read More »CAD may see further declines ahead of the BoC decision 26/10/2022
The Canadian dollar is trading with noticeable negativity after it failed to maintain positive stability above the 1.3655 support level, to witness the current movements of the pair stabilizing around its lowest level during the early trading of the current session, around 1.3595. Technically, we tend in our trading to …
Read More »GBP outperforms USD 26/10/2022
Oil, Crude, trading
Read More »Oil: Negative pressure remains 26/10/2022
Divergent movements still dominate the prices of US crude oil futures contracts amid conflicting data about the energy markets, reaching its highest level during the previous session’s trading of $86.00 per barrel. Technically, the 50-day simple moving average is still an obstacle in front of the price, and the bearish …
Read More »Gold is waiting for a new signal 26/10/2022
Gold attempts continue to rise, but still limited attempts are ineffective after a strong confrontation with the pivotal resistance level published during the previous analysis at1660 price, which still constitutes an obstacle to the price until now, unable to break it. On the technical side, and by looking at the …
Read More »Euro starts positive 26/10/2022
Sideways trades tilted to the positive dominated the euro’s movements against the US dollar to break the resistance level of the descending price channel located at 0.9870, recording the highest level at 0.9976. From the angle of technical analysis today and carefully looking at the 4-hour chart, we find the …
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