Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones Hits Record Highs
GBP/JPY: Continues to Touch Bearish Targets
Negative trading dominated the pound’s movements against the Japanese yen within the expected bearish path, touching the target to be achieved around 155.00, recording its lowest level at 155.13. On the technical side today, we tend to be negative in our trading, relying on the stability below the previously broken …
Read More »The Canadian Maintains The Corrective Bullish Path
The Canadian dollar maintained its limited gains that were achieved at the end of last week’s trading, after it succeeded in establishing a good support floor around the 1.2300 level, and is still hovering around its highest level during today’s early trading session 1.2390. Technically, we notice the return of …
Read More »The British Pound Keeps a Bearish Path
Oil, Crude, trading
Read More »Oil Building on Support
Oil, Crude, trading
Read More »Gold is Stable Below Resistance
Positive attempts for the yellow metal in the previous session, retesting the main resistance level at 1799, recording its highest level at 1795. Technically, and carefully looking at the 4-hour chart, we notice the 50-day moving average is still an obstacle for gold to achieve further rise. We also find …
Read More »The Euro Attacks The Resistance
Positive trading dominated the euro’s movements against the US dollar yesterday, after the European Central Bank President’s statements, reaching its highest level at 1.1692. On the technical side today, the stability of the intraday trading is above the previously breached resistance 1.1640, represented by the 23.60% Fibonacci correction that supports …
Read More »German Dax Benefits Building on Support
The support levels published during the previous analysis, represented by our required target of 15,480, were able to limit the bearish bias, which forced the German DAX to trade positively, benefiting from touching our awaited target. Technically, we find the 50-day moving average that supports the rise, in addition to …
Read More »The Dow Jones Repeats Its Attempts
Oil, Crude, trading
Read More »GBP/JPY: Tends to Negativity
The pound fell against the yen noticeably during last Friday’s trading, canceling the positive outlook as we expected, retesting the psychological support level of 156.00. On the technical side, today, we are inclined to the negativity, relying on the stability of the intraday trading below the minor resistance level at …
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