Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Oil is Looking For Extra Momentum
Gold is Still Waiting For a Clearer Direction
The technical outlook is unchanged, and there has been no significant change in gold’s movements, maintaining the same technical conditions within the short trend, with unclear targets so far. Technically, despite the temporary bullish bounce, gold prices are still moving within an unclear short direction, between minor corrections, detected from …
Read More »The Euro Touches The First Target
The single European currency succeeded in achieving the gradual rise target referred to during the previous report, at 1.1330, recording its highest level at 1.1354, benefiting from the strong demand level of 1.1260. Technically, today, and with careful consideration on the 4-hour chart, we notice that the moving averages continue …
Read More »German DAX: It May Witness a Positive Scenario
The German DAX index jumped, achieving substantial gains, recording its highest level at 15,840 after breaching the resistance level of 15,480. Technically, we are inclined to the positivity, relying on the stability of trading above 15,480, accompanied by the positive motive of the 50-day moving average, and stochastic around the …
Read More »Dow Jones Extends Gains
Oil, Crude, trading
Read More »GBP/JPY: Back to Negativity
Mixed trading dominated the movements of the pound sterling against the Japanese yen, canceling the positive outlook, as we expected during the previous analysis, recording its lowest level at 150.12.a On the technical side, the pair’s current moves are witnessing stability below the resistance level of 151.00. We notice the …
Read More »Canadian Dollar Touches The Target, Eyes on BoC
The Canadian dollar achieved the expected negative outlook during yesterday’s trading session, touching the second target around 1.2665, recording its lowest level at 1.2635 during the morning trading of the current session. Technically, the pair broke the strong support level 1.2730, 23.60% correction, and the mentioned level turned into a …
Read More »Pound Stable Below The Resistance
Oil, Crude, trading
Read More »Oil Breaks Through Resistance
Oil, Crude, trading
Read More »Gold Between Simple Corrections
Gold prices managed to touch the first bearish target mentioned in the previous technical report, at 1774, recording its lowest price of 1772, to return to the bullish rebound, taking advantage of the strong demand area. The technical aspect today is as it is. Despite the temporary bullish bounce, gold …
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