Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Crude Oil And Selling Pressure Continues
Gold is in a Sideway, Waiting For Pending Orders
We remained neutral during the report published last Friday due to the conflicting technical signals. Prices are still fluctuating within a sideways slope confined from below above the strong support level 1774 and on the downside at 1790. Technically, with careful consideration on the chart, we notice the negative pressure …
Read More »Euro: Retesting The Resistance
The single European currency benefited from the support level published in the previous analysis at 1.1665, explaining that breaking this level is a condition to continue resuming the rise and forced the pair to rebound the limited upside to retest 1.1700. On the technical side today, despite the current bullish …
Read More »German Dax Facing Negative Pressure
Negative trading dominated the German DAX index during the previous session, recording its lowest price at 15,613. On the technical side today, the bearish trend still dominates the indicator, and the simple moving averages still support the bearish trend of prices. With intraday trading stability below the resistance level of …
Read More »Dow Jones: Retesting The Resistance
Oil, Crude, trading
Read More »GBP/JPY: Negative Pressure Remains
The British pound continues to decline against the Japanese yen, after failing to maintain its stability above 150.50, heading towards touching the bearish target published during the previous report at 149.50. On the technical side, we tend to the negative side, relying on the negative pressure coming from the simple …
Read More »The Canadian Continues to Make Gains
As we expected, the Canadian dollar consolidated its gains within a strong bullish trend, touching all the targets, reaching the required official station 1.3830, recording its highest level at 1.2865. Technically, we tend in our trading to the positive, relying on the positive stimulus coming from the 50-day moving average, …
Read More »Sterling Continues to Decline Against The Dollar
Oil, Crude, trading
Read More »Crude Oil Continues to Suffer
Oil, Crude, trading
Read More »Gold is Still Waiting For Pending Orders
The technical outlook is unchanged, and there has been little change in gold’s movements. Although, technically, gold begins its morning trading on a bearish slope and shows intraday stability below 1790, the 50-day moving average still holding the price from below, supporting the return of the bullish bias. To negative …
Read More »