Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones continues to move positively 6/10/2022
CAD may continue to fall 6/10/2022
A temporary bullish rush dominated the Canadian dollar’s movements during the previous trading session, recording its highest level near the psychological barrier of 1.3700, which formed a negative pressure level on the price. Technically, Stochastic has gradually lost its bullish momentum, and the daily bearish trend motivates the continuation of …
Read More »GBP needs to monitor price behavior 6/10/2022
Oil, Crude, trading
Read More »Oil confirms the breach and the bullish correction continues 6/10/2022
US crude oil futures prices achieved strong gains during the previous session within the expected bullish track during the last analysis, touching the official target at 87.65, and recording the highest level at 88.40. Technically, the daily trend is still bullish, with the simple moving averages supporting the bullish price …
Read More »Gold rebounds after touching support 6/10/2022
Gold prices found strong support, as we mentioned during the previous analysis at 1700, explaining that consolidation above 1700 supports the continuation of the positive scenario to return to the bullish rebound, recording a high of $1724 per ounce. Technically, looking at the chart, we find stochastic motivating the price …
Read More »Euro building on support 6/10/2022
Trades tended to the negative during the previous trading session to return the pair to the bullish rebound due to stability above the previously published support floor at 0.9850. On the technical side, today, we are inclined to the positivity, relying on the instability of trading above 0.9850, which is …
Read More »Dow Jones consolidates its gains 5/10/2022
Oil, Crude, trading
Read More »CAD continues its gradual decline 5/10/2022
The Canadian dollar declined noticeably within the expected negative outlook during the previous technical report, touching the official target station at the price of 1.3510, recording its lowest level at 1.3505. Technically, by looking at the 4-hour chart, we find the simple moving averages continuing their negative pressure on the …
Read More »GBP continues to compensate for losses at the expense of USD 5/10/2022
Oil, Crude, trading
Read More »Oil touches our bullish goals, eyes on OPEC 5/10/2022
US crude oil futures prices jumped, achieving noticeable gains as expected, exceeding the official target required to be achieved at 86.30 to record the highest level of $86.95 per barrel. Technically and carefully looking at the 240-minute chart, we find that the 50-day simple moving average continues to hold the …
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